The emphasis on the revised Common Fisheries Policy (CFP), which came into force on Jan. 1 this year, is on the forthcoming discards ban, the race to achieve maximum sustainable yield (MSY) by 2015, and the degree of genuine regionalization that will be achieved.
But another important aspect of the reform, which is receiving less attention, is the Common Organisation of the Market (CMO), which brought a dismantling of import tariffs and the end of the previous minimum price and withdrawal system, enabling fishermen to withdraw fish from the market if it failed to reach a specified minimum price and be paid compensation.
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