The European Commission removed its "yellow card" against Thailand Tuesday, acknowledging the country has successfully addressed the shortcomings in its fisheries legal and administrative systems.

The "yellow card" has been in place since April 2015 as a warning from the EU that the country at the time was not sufficiently tackling illegal, unreported and unregulated fishing.

Today's decision reverses the first step of a process that could have led to a complete import ban of marine fisheries products into the EU.