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The Chair's text says that vessels flying the flag of a State not cooperating with a competent regional fisheries organization or arrangement should not fish in violation of the terms of the established regime. Even States that do not participate in the work of such an organization or arrangement are not discharged from the obligation to cooperate in the conservation and management of the regulated stocks. Member States shall exchange information with respect to the activities of fishing vessels flying the flag of non-parties that undermine the effectiveness of the conservation and management measures.