Common use of Trade In Fish Products Clause in Contracts

Trade In Fish Products. 1. The Parties recognise the need to conserve and manage fish resources in a rational and responsible manner, in order to ensure their sustainability. 2. The Parties recognise the need to cooperate in the context of Regional Fisheries Management Organisations (hereinafter referred to as "RFMO"), of which they are part, in order to: (a) revise and adjust the fishing capacity for fishery resources, including those affected by overfishing, to ensure that the fishing practices are commensurate to the fishing possibilities available; (b) adopt effective tools for the monitoring and control, such as observer schemes, vessel monitoring schemes, transhipment control and port state control, in order to ensure full compliance with applicable conservation measures; (c) adopt actions to combat illegal, unreported and unregulated (IUU) fishing; to this end, the Parties agree to ensure that vessels flying their flags conduct fishing activities in accordance with rules adopted within the RFMO, and to sanction vessels under their domestic legislation, in case of any violation of the said rules.

Trade In Fish Products. 1. The Parties recognise the need to conserve and manage fish resources in a rational and responsible manner, in order to ensure their sustainability. . 2. The Parties recognise the need to cooperate in the context of Regional Fisheries Management Organisations (hereinafter referred to as "RFMO"), of which they are part, in order to: : (a) revise and adjust the fishing capacity for fishery resources, including those affected by overfishing, to ensure that the fishing practices are commensurate to the fishing possibilities available; ; (b) adopt effective tools for the monitoring and control, such as observer schemes, vessel monitoring schemes, transhipment control and port state control, in order to ensure full compliance with applicable conservation measures; ; (c) adopt actions to combat illegal, unreported and unregulated (IUU) fishing; to this end, the Parties agree to ensure that vessels flying their flags conduct fishing activities in accordance with rules adopted within the RFMO, and to sanction vessels under their domestic legislation, in case of any violation of the said rules.