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Thursday, April 18, 2024

Norway and Russia strike new fishing deal

For the second time in recent weeks, Norway and Russia have shown they can rise above political tensions to strike agreements on some key Arctic issues. After first agreeing on how seismic vessels can cross back and forth over the two countries’ offshore border in the Barents Sea, now they’ve agreed on a new batch of fishing quotas.

The seismic deal will facilitate oil and gas exploration efforts in the Barents, while the fishing quotas will help preserve and manage seafood stocks. It allows Norway to catch around 400,000 tons of cod, about the same as a current fishing deal with Russia, while the total cod quota in the Barents amounts to around 890,000 tons.

Norway and Russia also agreed on fishing quotas for other types of fish including halibut. The deals were signed in the Norwegian city of Moss this week, where the 40th anniversary of a joint Norwegian-Russian fishing commission was celebrated.

A Russian official has also said that Norway and Russia have “joint strategic interests.” Read the story on The Independent Barents Observer (external link). staff



For more news on Arctic developments.



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