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
INTA-PR-767917
Committee on International Trade · Rapporteur: Željana Zovko
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The draft report recommends that Parliament give its consent to the conclusion of four agreements and protocols between the EU and Iceland, Liechtenstein, and Norway on financial mechanisms and fisheries for 2021-2028.¶¶ The agreements provide EUR 3.268 billion for economic and social cohesion in the EEA, new fisheries concessions, and a fish transit arrangement.¶ The rapporteur expresses concerns about imbalances in the fisheries protocol with Norway but supports the package as a whole.¶¶
Committee position. The rapporteur proposes that Parliament give its consent to the conclusion of the agreements and protocols, despite concerns about the fisheries protocol with Norway.¶¶
Key points
- Parliament gives its consent to the conclusion of the EEA Financial Mechanism Agreement, the Norwegian Financial Mechanism Agreement, and the Additional Protocols with Norway and Iceland.¶
- The agreements provide a financial contribution of 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 the same period, with flexibility on carry-over of 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 address the imbalances in the EU fishing sector adequately and swiftly.¶