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metric tons (MT) worth about $7.7 million. After ten years, 

 when the U.S. entitlement to Canadian redfish would termi- 

 nate, the annual U.S. share remaining would be 7.9 thousand 

 MT, valued at $4.9 million. In 1978 U.S. fishermen caught 

 only 3.7 thousand MT in the Canadian zone, and in 19 77 only 

 5.5 thousand MT. Thus, the annual U.S. harvest in the 

 Canadian zone could increase over 1978 levels by almost 12 

 thousand MT in the first ten years of the Agreement. (See 

 figure 8) . After termination of the U.S. redfish entitle- 

 ment, there would still be a potential gain in annual catch 

 of 4.2 thousand MT over 19 78 levels. (In the absence of an 

 agreement, of course, the United States would not have access 

 to the undisputed Canadian zone.) Canadian fishermen, on 

 the other hand, caught 25.5 thousand MT over their potential 

 share of stocks covered by the Agreement in their own zone 

 in 1978. 



In the undisputed U.S. zone the potential annual 

 Canadian entitlement share is estimated at 4,1 thousand MT, 

 worth $4.2 mission, excluding transboundary and boundary 

 region stocks. Since Canada's 19 7 8 harvest in the U.S. 

 zone was only about 400 MT , the annual Canadian catch could 

 increase by 3.7 thousand MT under the Agreement, but only in 

 the first ten years. At that time, the Canadian Loligo 

 squid entitlement would terminate, and Canada's share of the 



