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Consisting of 23 Member countries along with the European Union, the GFCM’s objectives are to promote the development, conservation, rational management and best utilization of living marine resources, as well as the sustainable development of aquaculture in the Mediterranean, Black Sea and connecting waters. 

In cooperation with other Regional Fisheries Management Organizations (RFMOs), the GFCM is instrumental in coordinating efforts by governments to effectively manage fisheries at regional level following the Code of Conduct for Responsible Fisheries.The GFCM has the authority to adopt binding recommendations for fisheries conservation and management in its Convention Area and plays a critical role in fisheries governance in the Region.