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Faroe Islands and Russia have reached an agreement on fisheries cooperation in 2023

 Last Update: 2022-12-30
 Source: Internet
 Author: User

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From SeafoodSource on November 29, the Faroe Islands government confirmed that the Faroe Islands and Russia have completed negotiations on fishery cooperation between the two sides in 2023, and the new agreement will take into account the reduction of the total allowable catch (TAC) of cod in the Barents Sea next year, and both sides will reduce their quotas
.

Affected by the Russian-Ukrainian conflict, the agreement was arranged by teleconference
.
The Faroese government insists that the agreement does not weaken its opposition
to the Russian-Ukrainian conflict.

In May 2022, the Faroese Parliament passed a bill authorizing the Faroese government to impose sanctions on Russia and Belarus, which are broadly similar
to those adopted by the European Union.

While measures have been taken to close ports to Russian vessels, they do not apply to Russian fishing vessels, and a government statement said the sanctions do not include fishing vessels because the Faroe Islands and Russia have been working together for decades on fisheries, including joint management of fish
.

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