The agreement strives to achieve this goal by establishing a framework for cooperation in the conservation and management of these resources. It promotes good governance in the oceans through effective management and conservation of offshore resources, including setting detailed minimum international standards for the conservation and management of straddling fish stocks and large migratory fish stocks; Ensure that conservation and management measures for these stocks are compatible and consistent in areas under national jurisdiction and on the adjacent high seas; Ensure that effective mechanisms are in place to ensure compliance and implementation of these measures on the high seas; and recognising the specific conservation and management requirements of developing countries, as well as development and participation in fisheries for the two types of stocks mentioned above. The Territorial Fisheries Convention () is a multilateral treaty concluded by the United Nations to improve the cooperative management of large fishing areas that cover large areas. and are of economic and ecological interest to a number of nations. In December 2016, the treaty was ratified by 91 parties, comprising 90 states and the European Union.  Sources of aid available to developing countries and the needs of developing countries for capacity building and assistance in the conservation and management of straddling fish stocks and large migratory fish stocks Secretariat Contributions to Review the Performance of Regional Fisheries Organizations and Agreements In addition, the agreement recognizes the importance of monitoring , monitoring, monitoring and enforcement in fisheries management and provides for enhanced mission-building mission and cooperation. Implementation, including by landing and inspecting floods. Straddling stocks are fish stocks that pass through or are located in more than one exclusive economic zone. The agreement was adopted in 1995 and came into force in 2001.  The fifteenth round of informal consultations between the States Parties to the Agreement, focused on implementing an ecosystem approach to fisheries management The agreement requires the application of the precautionary approach and ecosystem approaches to the conservation and management of straddling fish stocks and large migratory fish stocks, as well as the compatibility of high seas measures and measures applicable to areas of national jurisdiction.