European Commission launches Vision 2040 for fisheries and aquaculture

On October 20, 2026, European Commissioner for Fisheries and Oceans, Costas Kadis, and Executive Vice-President of the European Commission, Raffaele Fitto, unveiled 'Vision 2040,' a strategic framework designed to guide the European fisheries and aquaculture sector over the next 15 years. The initiative aims to enhance environmental and economic sustainability while ensuring food security for the region.

The framework focuses on supporting small-scale fisheries, modernizing fishing fleets, and promoting the growth of the aquaculture industry. It addresses critical challenges such as the impacts of climate change, volatile energy costs, and the need to protect marine ecosystems. Additionally, the plan emphasizes improving the implementation of existing legislation, specifically the Common Fisheries Policy, rather than pursuing regulatory reform. Key measures include increasing transparency in the ownership of high-risk fishing vessels, particularly those flying foreign flags, and improving consumer information regarding seafood products.

Industry organizations, including Oceana, have expressed support for the strategy, highlighting the importance of managing fish stocks effectively. The initiative represents a core component of the European Ocean Pact, aiming to secure the long-term viability of coastal communities and the European seafood supply chain.