Third Country Agreements |
—Agreements on a state-to-state basis between (say) Spain and another country whereby Spain would be offered fishing opportunities in return for some form of payment. Such payment may be in direct cash terms, or some benefit in kind, such as a training programme in an under- developed country or tariff con cessions onto the Spanish market. |
Joint Venture |
—A commercial arrangement, usually in the form of a limited company established in another country, with (say) Spanish input which would entitle the Spanish vessels attached to the company to fish in the waters of that country. Market concessions on the Spanish market would provide the impetus for such an arrangement. Eira Nova in West Cork is an example of a Spanish/Irish Joint Venture. |
