Capping more than seven years of negotiations, South Korea and China have ironed out a final wrinkle in a bilateral fisheries pact.

The fisheries pact will take effect June 30th.

The agreement came at talks in Beijing between the Vice Minister of the Maritime Affairs and Fisheries Ministry and his Chinese counterpart.

The pact limits the number of Chinese fishing vessels to be allowed to catch fish in South Korea's exclusive economic zone to less than 2,800 a year. A South Korean official said the restrictions will cut down China's catch in the area by more than 200,000 tons a year... helping to restore dwindling fish stock in the Yellow Sea.

The agreement also allows up to one thousand 400 Korean boats to enter China's exclusive economic zone a year. Their annual catch quota is set at 60,000 tons.