Agreement reached on Norwegian-Russian fisheries agreement for 2027
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Norway and Russia have reached an agreement on a new fisheries deal for 2027. The agreement is important for the management of fish resources in the Barents Sea, an area where the two countries have cooperated on quotas for many decades.
For the first time in six years, the agreement includes an increase in the quota for cod. This is positive news for the fishing industry, which has experienced challenging times with lower quotas in recent years. The increase is based on scientific advice regarding the development of the stock.
Fisheries cooperation between Norway and Russia has persisted despite the strained political relationship between the countries. The fisheries agreement is considered one of the most important arenas for contact, as it ensures sustainable management of fish stocks that migrate between the Norwegian and Russian zones.
The new agreement for 2027 provides predictability for Norwegian fishermen and the industry along the coast. The authorities emphasize that it is important to maintain responsible management to ensure that the cod stock remains healthy in the future as well.
Sources: High North News
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