This Regulation establishes the European Fisheries Fund (hereinafter EFF) and defines the framework for Community support for the sustainable development of the fisheries sector, fisheries areas and inland fishing.

• Support the common fisheries policy so as to ensure exploitation of living aquatic resources and support aquaculture in order to provide sustainability in economic, environmental and social terms.
• Promote a sustainable balance between resources and the fishing capacity of the Community fishing fleet.
• Promote a sustainable development of inland fishing;
• Strengthen the competitiveness of the operating structures and the development of economically viable enterprises in the fisheries sector.
• Foster the protection and the enhancement of the environment and natural resources where related to the fisheries sector.

The Community provisional funding available for the programme is:

• 3.849,00 Million EUR (Global Budget)