EU Common Fisheries Policy
According to the Treaty on European Union, the EU has exclusive competence to preserve marine biological resources under the common fisheries policy (CFP). As an EU member, Slovenia is bound to honour the adopted commitments. The main aim of the CFP is to ensure that fisheries and aquaculture are environmentally sustainable in the long term and that they are managed in accordance with both economic and social objectives to provide a stable food supply. The CFP measures differ according to individual EU marine regions and are aimed, foremost, at achieving maximum sustainable yield, i.e. in theory, the proportion of fish stock that can safely be removed from the stock while maintaining its potential for reproduction.
Another important element of CFP is fishing fleet management. Each member state is attributed a maximum level of fishing fleet capacity. New fishing vessels may only be added to the fleet after a vessel of the same capacity had been removed.
The CFP also foresees the common market organisation (CMO) in fisheries and aquaculture products, which aims at establishing a common EU market matching supply with demand. CMO interventions thus provide a balance between market needs and fishermen’s interests and ensure a fair level playing field for all.
At the international level, numerous regional organisations have been established for the management of fisheries. Slovenia is a member of the General Fisheries Commission for the Mediterranean (GFCM).