03/14/2008 - Sarah Fowler, co-chairwoman of the IUCN (International Union for the Conservation of Nature) shark specialist group, described the plan as "great news" for the creatures.
About 32% of shark species that are found in the north-eastern Atlantic are said to be "threatened with extinction".
The main threats to the slow-growing creatures were overfishing and being caught in nets as bycatch, she added.
She told BBC News that species such as the angel shark and common skate were among the species to be assessed as "critically endangered" by the IUCN Red List, which was last updated in 2007.
"The structure of the Commission's proposal is great; it makes me very optimistic," Ms Fowler said.
The Shark Alliance, a coalition of conservation, fishing and scientific organisations, says that up to 73 million sharks are killed each year for the global fin trade.
Read the full article High Hopes for EU Shark Proposals on the BBC News Web site.