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Impacts of the EU IUU Fshing Regulation on ACP Countries 20/10/2009 Council Regulation (EC) No 1005/2008 is the most comprehensive and stringent response to IUU fishing that has been developed to date. It is also a potential double-edged sword for ACP countries that are plagued by IUU fishing, but have limited capacity to establish fisheries governance practices that meet the high standards of traceability and documentation that the Regulation demands. The presentation discusses several specific features of the Regulation and identifies how these features have the potential to be both beneficial, and problematic, for the development of fisheries and trade policy in ACP countries.