fishery policy

Common Fisheries Policy which covers all fishing activities, the farming of living aquatic resources, and their processing and marketing, on the legal basis of Article 39 of the Treaty of Rome. It was agreed between members of the European Community in 1983. It lays down annual catch limits for major species of fish, a 12-mile exclusive fishing zone for each state, and an equal-access zone of 200 nautical miles from its coast within which any member state is allowed to fish. (Source: ECSA / SOCIOL)