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where spawning grounds are located, and the degree to 

 which fishermen of one country or the other have fished 

 traditionally for a given stock. No set formula can be 

 applied. 



Where possible, to facilitate management and to avoid 

 the potential for disagreement as to conservation goals , 

 stocks would be managed exclusively or primarily by one 

 country or the other. Thus, for example, Atlantic cod in 

 Division 5Y as well as Atlantic cod in Division 4W and 

 Subdivision 4Vs are listed in Category C. Cod in these 

 areas are basically localized. They can thus be managed 

 as a unit in each of the two areas (Division 5Y and area 

 4VSW) independently. Although fishermen of the two coun- 

 tries have operated for cod in both areas, the Parties 

 agreed in the context of the negotiations to limit their 

 entitlem.ent shares in each other's zone to very low per- 

 centages (less than two percent in each case) . Thus, 

 because cod stocks in these areas do not range significantly 

 beyond them, because fishery management jurisdiction is 

 not disputed, and because fishermen of each country would 

 have limited interests in the zone of the other, management 

 of these stocks need not involve a significant degree of 

 coordination between the Parties. 



