The Council held a public debate on the outcome of the first trilogue discussions with the European Parliament and the Commission on two proposals within the reform of the common fisheries policy (CFP) and the outstanding issues concerning the reform of the basic regulation of the CFP.
As regards the market regulation, the Council agreed on a general approach for the market regulation on 12 June 2012. Parliament adopted its position at first reading on the proposed regulation on 12 September 2012.
During the two trilogue discussions on market regulation which have taken place since the end of February, the positions of the Council and the European Parliament converged towards compromises on the great majority of political and technical issues. The main outstanding issues concerning market regulation relate to mandatory consumer information and delegated acts.
The Presidency expects to reach agreement on this regulation with the Parliament and the Commission in May 2013.