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Norway, the UK, and the Faroe Islands Reach Mackerel Agreement

Click on the flag for more information about Norway NORWAY
Wednesday, June 19, 2024, 07:00 (GMT + 9)

Norway, Great Britain and the Faroe Islands have entered into an agreement on management, distribution and access to fishing for mackerel in each other's waters.

"Great Britain and the Faroe Islands are important partners for us. I am therefore very satisfied that we have agreed on a multi-year agreement on the management and distribution of mackerel, where together we contribute to reducing the total fishing pressure on the stock", says Fisheries and Oceans Minister Marianne Sivertsen Næss.

The tripartite agreement concerns, among other things, the size of the national quotas, zone access and scientific cooperation. The agreement applies, until further notice, for three years. The total Norwegian quota for 2024 will thus be around 230,000 tonnes.

The agreement is designed so that it is possible to include the remaining coastal states (EU, Iceland and Greenland) if they so wish.

"I hope that this agreement can inspire the other parties to join a comprehensive coastal state agreement at a later date", says the Minister of Fisheries and Oceans.

The agreement allows Norway to fish part of its quota in the UK's economic zone, in practice the waters around Shetland.

"This gives Norwegian vessels greater flexibility and predictability in their fishing. The agreement is therefore also important for the agricultural industry in terms of production planning", says Sivertsen Næss.

Mackerel is an economically important stock for Norway. In 2023, Norwegian vessels sold mackerel at a first-hand value of approx. NOK 3.8 billion (USD 358.9 M).

Read the agreement here:

Source: Reggeringen.no (Translated from the original in Norwegian)

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