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Council Regulation (EC) No 1563/2006 of 5 October 2006 concerning the conclusion of the Partnership Agreement in the fisheries sector between the European Community and the Union of the Comoros

article  7

CELEX:  32006R1563

Financial contribution The Community shall grant the Comoros a financial contribution in accordance with the terms and conditions laid down in the Protocol and Annexes. This single contribution shall be composed of two related elements, namely:
(a) access for Community vessels to Comorian fisheries; and (b) the Community's financial support for introducing responsible fishing and the sustainable exploitation of fisheries resources in Comorian waters;
(c) the component of the financial contribution referred to in point (a) of paragraph 1 shall be determined and managed in the light of objectives identified by common accord between the Parties in accordance with the Protocol, to be achieved in the context of the sectoral fisheries policy in the Comoros and an annual and multiannual programme for its implementation.