agreement fisheri marin environ european econom commun republ iceland european econom commun hereinaft refer commun part republ iceland hereinaft refer iceland part recal close relat commun iceland strengthen conclus agreement european econom area common desir ensur conserv ration manag fisheri resourc water respect fisheri jurisdict common awar context protect marin environ regard provis unit nation convent law sea parti signatori regard fact iceland establish econom zone extend nautic mile coast iceland exercis sovereign right purpos explor exploit conserv manag live resourc thereof commun agre limit fisheri zone member state hereinaft refer area fisheri jurisdict commun extend nautic mile fish limit subject common fisheri polici commun take account fact part fisheri resourc area consist common stock highli interrel stock extend respect fisheri zone parti mutual interest effect conserv ration manag stock achiev cooper parti concern take account north east atlant fisheri commiss establish promot conserv optim util fisheri resourc north atlant area intern cooper consult respect resourc agreement form exchang letter european econom commun republ iceland fisheri sign provis conclud fisheri agreement term set recogn vital import iceland fisheri constitut essenti econom activ desir establish term condit pertain fisheri mutual interest parti agre articl parti cooper ensur conserv ration manag fish stock occur area fisheri jurisdict parti adjac area parti seek directli region bodi reach agreement parti measur conserv ration util stock includ total allow catch alloc thereof determin total allow catch stock refer paragraph parti account scientif advic interdepend stock work intern organ relev factor articl parti facilit scientif research regard stock occur area fisheri jurisdict parti adjac area articl context conserv ration agreement fisheri resourc sea parti consult bilat region intern fora matter pertain marin environ articl parti consult annual alloc fish possibl parti view obtain mutual satisfactori balanc relat fisheri field parti grant access fish vessel prty fish alloc result consult refer paragraph articl articl parti requir fish area fisheri jurisdict fish vessel parti subject licenc limit licenc issu determin consult parti adequ reflect quota alloc compet author parti commun due time parti registr number relev particular fish vessel elig fish area fisheri jurisdict parti parti issu licenc agre limit articl parti measur view ensur compil vessel conserv measur agre parti pursuant agreement fish vessel parti fish area fisheri jurisdict parti compli conserv control measur term condit rule regul govern fish activ area parti requir inspector parti board fish vessel vessel expens fisheri jurisdict parti give notic parti measur condit govern fish activ area fisheri jurisdict measur regul fisheri parti purpos conserv base object scientif criteria discrimin fact law parti parti area fisheri jurisdict measur conform intern law ensur compil provis agreement vessel parti articl parti consult question relat implement proper function agreement parti suppli parti statist catch vessel stock refer articl interv determin consult articl contain agreement affect prejudic manner view contract parti respect question relt law sea articl agreement affect right oblig exist agreement fisheri member state commun iceland articl agreement appli hand territori treati establish european econom commun appli condit laid treati hand territori republ iceland articl agreement enter forc date parti notifi complet procedur purpos articl agreement reamin forc initi period year date entri forc event agreement termin parti notic termin month expiri period remain forc addit period year durat provid notic termin month expiri period agreement termin accord term previou paragraph parti enter negoti agreement give effect agreement contain exchang letter fisheri sign european econom commun republ iceland