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5. THE AGREEMENT

The Agreement adopted by the Conference on 4 August 1995 is in Annex 3. The Agreement consists of a Preamble and 3 Parts divided into 50 Articles. It also has two annexes dealing with the standard requirements for the collection and sharing of data and guidelines for the application of precautionary reference points in the conservation and management of straddling fish stocks and highly migratory fish stocks.

Significantly, Article 36 of the Agreement provides for a review Conference, four years after the Agreement's entry into force, to assess its effectiveness in securing the conservation and management of Straddling Fish Stocks and Highly Migratory Fish Stocks. Through this review mechanism, there will be a degree of international pressure for all parties associated with the conservation and management of these stocks to take tangible and concrete steps towards this end.

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