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iir piemen ted a raanageiront " j^rogt erni v;hilt the othei tias riOt. 

 For otiiets, neithei" country has yet developed inanaqenent 

 prograiT'S. )-ccause neitlier countiy is b(5und by the reriula- 

 tions oC the othei:, neither is able to establish TAC's. £or 

 the stock?-. Instead, each now establishes TAG ' s only for its 

 own fishermen. Even vvhere both countries seen' to agree on 

 annual TAC s , they often disagree on the airiount each is 

 entitled to take. The result in several instances has been 

 actual catches that t.Kceed the totals both believe are 

 sound . 



The Agreement would substitute a single TAC for TAC ' s 

 adopted independently, and would require an annual TAC for 

 each stock covered. Ihe entitlement [letcentage shares 

 would resolve differences over what each country may take. 

 Thus, risks of overfishing would be diminished, and stock 

 rebuilding efforts v.ould have a reasonable opportunity to 

 achieve the desired ends. Most importantly, the Agreement 

 would assure that pressure to m.axim.ize short term uses of 

 these resources will not be allowed to threaten long term 

 product i vity . 



Fishery resources' can be managed v/ith various goals 

 in mind. For instance, the ^:id-Atlantic Fishery Management 

 Council is attempting to create significant future oppor- 

 tunities for recreational fishermen in the Atlantic 



