The Council adopted a regulation approving the conclusion of a fisheries partnership agreement between the European Community and Greenland. The agreement will be applicable for six years from 1 January 2007.
The date beyond which the provisions concerning the reallocation of fishing opportunities by the Commission will apply, are as follows:
Fishing species of the Protocol Timetable
The first payment to Greenland in the framework of the agreement should be made by the end of June 2007.
The Council and the Commission issued a joint statement with regard to the reallocation of fishing opportunities in the framework of fisheries partnerships with third countries (see Council document 10768/07 ADD 1).