# EU Common Fisheries Policy framework development

> Live situation record from CLSTR: https://clstr.news/situations/eu-common-fisheries-policy-framework-development
> Updated: 2026-09-29T21:23:35.000Z. Sources: 12. Developments: 2.

The EU Council of Agriculture and Fisheries has reached an agreement on a new legislative framework for the Common Fisheries Policy (CFP) covering the 2028-2034 period. This framework aims to balance sector competitiveness and modernization with environmental sustainability and international obligations.

A key feature of the agreement is the provision for funding the modernization and renewal of fishing fleets, a possibility not available for the first 12 years. The framework includes specific flexibility for small-scale coastal fisheries and allows for support in areas with overfished stocks if restoration measures are in place. While the general orientation of the framework has been established, the specific economic allocation is still subject to future European budget negotiations.

## Timeline

### 2026-09-29: Ireland and EU announce new funding and policy frameworks

Ireland is launching a €6 million arts investment fund, while EU ministers reach a partial agreement on the 2028-2034 Common Fisheries Policy framework.

2 sources. https://clstr.news/cluster/ireland-and-eu-announce-new-funding-and-policy-frameworks

### 2026-09-29: EU agrees new fisheries funding framework for 2028-2034

The EU has agreed on a new fisheries policy framework for 2028-2034, enabling fleet modernization funding for the first time in 12 years, significantly benefiting Greek and Cypriot fishing sectors.

10 sources. https://clstr.news/cluster/eu-agrees-on-fishing-fleet-modernization-funding-for-2028-2034

---
Cite as: EU Common Fisheries Policy framework development. CLSTR, https://clstr.news/situations/eu-common-fisheries-policy-framework-development