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| Agreement concerning the Stock of Capelin in the Waters between Greenland, Iceland and Jan Mayen | ||||||
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Link
to text of agreement
Status
of agreement
| Basic information |
| Date of adoption | 12 June 1989 |
| Place of adoption | Copenhagen, Denmark |
| Entry into force | 1 July 1989 |
| Authentic text(s) | English |
| Associated instruments | 1992 Agreement concerning the Stock of Capelin |
| Summary of agreement |
The
first Agreement on the Stock of Capelin in the Waters between Greenland, Iceland
and Jan Mayen was signed in Copenhagen on 12 June 1989 and entered into force on
1 July 1989. The agreement applied for three years and was then replaced by a
second agreement, in essentially identical terms, which was signed by the
parties in June 1992 and which entered into force on 1 July 1992, applying for a
term of two years. The parties were Denmark (on behalf of Greenland), Iceland
and Norway.
The
purpose of the agreements was to establish a system for the conservation and
management of the capelin stock in the waters of the three countries, including
the setting of the TAC and the share-out of the TAC. In the first instance, the
parties were to attempt to agree on a TAC for each fishing season, but in the
event that no agreement could be reached Iceland - as the country with the
greatest interest in the TAC - was permitted to set the TAC (subject to a wide
proviso that the other parties were not to be held to that TAC if it was
considered to be unreasonable). The agreements also set out a formula for the
distribution of the TAC giving the largest share (78 per cent) to Iceland and
sharing the remainder between the other two parties. The agreements provided for
a mechanism whereby Iceland could fish the remaining portion of any unused
quotas of the other parties subject to providing adequate compensation to any
such parties.
Additionally, the agreements contained provisions allowing the access of each party to the fisheries zones of the others for the purpose of fishing capelin and general provisions on scientific and management cooperation.
| Further information and references |
- Additional references
UNTS