Common Fisheries Policy (CFP)

The Common Fisheries Policy (CFP) is a set of rules established by the European Union to manage fishery resources and promote sustainable fishing in European waters. It aims to ensure that fish stocks are maintained at healthy levels, protect marine ecosystems, and support the fishing industry and coastal communities. The CFP sets quotas for how much fish can be caught, regulates fishing practices, and promotes cooperation among EU member states to safeguard fish populations and the livelihoods dependent on fishing. Overall, it seeks to balance environmental sustainability with economic needs.