The European Union is modeling a portion of its refurbished policy on fisheries after Iceland’s system. The European Commission is proposing an updated decision making process and increased power distribution in their most recent ‘green book’ report.
The proposed decision making process will take some power away from the European Council of Ministers in Brussels, who enjoyed total authority previously, and it will distinguish between basic and executive regulations. The Commission will now share some decision making responsibilities with EU member states.
This development is particularly pertinent for Iceland, as issues surrounding fisheries and related policies have been a key concern for the country and its decision to seek EU membership.