Both the EU and Russia therefore agreed that there was a need to establish a new bilateral framework for co-operation on fisheries in the Baltic Sea replacing both the IBSFC and elements of the existing bilateral agreements.
EL ja Venemaa nõustusid seetõttu vajaduses kehtestada uus kahepoolne raamistik kalandusalaseks koostööks Läänemeres ning asendada nii IBSFC kui ka olemasolevad kahepoolsed lepingud.