 | Objectives |  | |
The main objectives of the Commission are:- to adopt and coordinate plans and measures relevant to the conservation, preservation and the rational exploitation of living resources
- to protect the maritime environment in the common Fishing Zone
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 | Approaches |  | |
| The CTMFM follows the basic principles in the 1995 FAO Code of Conduct and applies the Code in its decisions as a precautionary measure. |
| The CTMFM undertakes research on fishing capacity or effort, and has established a task group on catch reporting and processing. Another priority issue is being addressed in a GEF project, to which the CTMFM is a party, directed to the protection of the Common Fishing Zone marine environment. |
 | Area of Competence |  | |
The Common Fishery zone includes Economic Exclusive Zone of Uruguay and of Northern Argentina.
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 | Legal Framework |  | |
Established by the Agreement "Tratado del Río de la Plata y sus Frente Maritimo" signed by Argentina and Uruguay in 1973.
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