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If ratified, the proposed Treaty of Lisbon will formally enshrine fisheries conservation policy as one of the handful of 'exclusive competences' reserved for the European Union, to be decided by Qualified Majority Voting.. Thus decisions will still be made primarily by the council of ministers, as is the case now. It sets quotas for which member states are allowed to catch what amounts of each type of fish, as well as encouraging the fishing industry by various market interventions.The common fisheries policy was created to manage fish stocks for the European Union as a whole. The Common Fisheries Policy (CFP) is the fisheries policy of the European Union. In 2004 it had a budget of €931 million, approximately 0. However, general fisheries policy remains a "shared competence" of the Union and its member states. Article 38 of the 1957 Treaty of Rome which created the European Communities (now European Union) stated that there should be a common policy for fisheries.75% of the EU budget.The Policy has been criticised both by scientists concerned with dwindlingSome more useful information on make money stock market trading sto
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