Environmental organisation Oceana welcomed the long-overdue measures to rebuild the depleted and overfished stock, but it believes the plan falls behind expectations.
The plan includes a modest reduction of catches and the adoption of a quota system to prevent illegal fishing and improve transparency in the swordfish fishery management and trade.
The plan includes a total allowable catch (TAC) of 10,500 tonnes for 2017 and then a 15 per cent reduction in catches between 2018-2022.
However, the level in catch reduction agreed is much lower than what scientists had advised and could still put this stock at risk, said Oceana.
Following the negotiations, EU Fisheries Commissioner, Karmenu Vella, said: "I am also very pleased that all Mediterranean countries have agreed to address the dire situation of Mediterranean swordfish by accepting to limit and reduce their catches gradually over five years in combination with a comprehensive package of other measures.
"Bringing back this emblematic species to sustainable levels will benefit many fishermen, including the small scale fleets."
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