AGREEMENT BETWEEN GOVERNMENT OF ESTONIAN REPUBLIC AND GOVERNMENT OF RUSSIAN FEDERATION ON COLLABORATION IN FIELD OF CONSERVATION AND USE OF FISH RESOURCES IN PEIPUS (CHUDSKOE), LÄMMI (TJOPLOE) AND PIHKVA (PSKOVSKOE) LAKES.

Government of Estonian Republic and Government of the Russian Federation have agreed as follows: The Goal of the Agreement is to establish a regime of a common use of fish resources of the Peipus, Lämmi and Pihkva Lakes. For purposes of the Agreement the Parties establish the Intergovernmental Commission on Fisheries in the Peipus, Lämmi and Pihkva Lakes. The Commission is a consultative body. Its functions include development of recommendations regarding: (a) concordance of activities of the Parties in the questions of management of fish stocks; (b) co-ordination of research of the state of fish resources; (c) possibilities and an order of carrying out fishing by one Party in waters of the other Party, exchange of quotas on the basis of reciprocity and in accordance with legislations of both Parties; (d) Setting up a common fishing limit (CFL) according to fish species and distribution of the limit between the Parties; (e) Regulation of tools and methods of fishing; minimal allowable sizes of fishes to be fished out; a percentage of offsprings of these fishes; (f) Setting up prohibited periods and areas for the business; (g) Improvement of a state and increase of an amount of living resources, including an artificial reproduction of fish; (h) resolution of disputes and incidents connected with fishing activities; (i) admittance to fishing organizations of third countries; (j) Control of the decisions that have power for the Parties; and (k) Other measures directed to conservation and rational use of living resources of Peipus, Lämmi and Pihkva lakes.