Greenland–European Union relations and 2020, €217.8 million are planned for sustainable development, with focus on education. In 2015, a joint declaration about closer relations between EU and Greenland was signed by Denmark, Greenland and the EU. In March 2015, the President of the EU Commission, the Prime Minister of Denmark and the Greenland Premier signed 'an umbrella' framework document outlining EU-Greenland relations, a "Joint Declaration on relations between the European Union, on the one hand, and the Government of Greenland and the Government of Denmark, on the other". By this document, the EU confirms its long lasting links with Greenland and reiterates the
Fishing industry in Greenland based on a referendum, in 1985 this was replaced with five year agreements with the EU. Although in the 1970s and early 1980s the halibut industry in Greenland was low scale, it has since dramatically increased since the 1980s and in the future may develop into a purely commercial venture for many native people in the country. Although the industry grew dramatically in the 1990s, by 2000 depletion of stocks resulted in falling revenues and the closure of many fishing plants. This problem continued into 2002. In 2000, Greenland renewed its agreement with the European Union in which along with