On the draft Council decision on the conclusion, on behalf of the European Union, of the Agreement between the European Union, Iceland, the Principality of Liechtenstein and the Kingdom of Norway on an EEA Financial Mechanism for the period May 2021 - April 2028, the Agreement between the Kingdom of Norway and the European Union on a Norwegian Financial Mechanism for the period May 2021 - April 2028, the Additional Protocol to the Agreement between the European Economic Community and the Kingdom of Norway and the Additional Protocol to the Agreement between the European Economic Community and Iceland
A-10-2025-0036
Committee on International Trade · Rapporteur: Željana Zovko
- Voted on · Adopted 528–121–32 · See the decision →
- Full procedure 2024/0052
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Parliament gives its consent to the conclusion of the EEA and Norwegian Financial Mechanism agreements and the additional protocols with Iceland and Norway for May 2021-April 2028.¶ The agreements provide EUR 3.268 billion for economic and social cohesion in the EEA, new fisheries concessions, quota carry-over flexibility, and renewed fish transit for EU vessels.¶ The rapporteur raises concerns about fisheries imbalances with Norway but consents to the package, urging the Commission to address them.¶¶
Committee position. The Committee on International Trade recommends that Parliament give its consent to the conclusion of the agreements and protocols.¶
Key points
- Parliament consents to the conclusion of the agreements and protocols.¶
- The EEA and Norwegian Financial Mechanisms together provide EUR 3.268 billion for economic and social cohesion in the EEA for May 2021-April 2028.¶
- The protocols with Iceland and Norway provide new concessions for fish and fishery products for May 2021-April 2028, with flexibility on unexhausted quotas.
- Norway renews the fish transit arrangement for EU vessels landing catches in its territory.
- The rapporteur raises concerns about limits and imbalances in the fisheries protocol with Norway but consents to the four arrangements as one package.¶
- The rapporteur calls on the Commission to take the concerns seriously and address imbalances in the EU fishing sector adequately and swiftly.¶