aquaculture is an emff priority with eur billion usd billion worth of support allocated to it to address challenges of overfishing reliance on imports for fish low profits and dependence on subsidies in many fleet segments and complexity of governance the reform of the eu common fisheries policy cfp was proposed the new cfp was agreed by the council and parliament and entered into force in january it advocates for a progressive implementation of an ecosystembased approach to fisheries management it aims at efficient fishing activities within an economically viable and competitive fisheries industry while minimising the impact of fishing on marine ecosystems moreover it seeks to fulfil the goal of good environmental status ges in european seas by in line with the marine strategy framework directive msfd