A reciprocal fisheries agreement between the Faroe Islands and Greenland has been struck for 2025. Fisheries in each other’s waters are important for both countries.
The Faroese fleet’s quotas for 2025 in Greenlandic waters remain unchanged at their 2024 levels. Faroese vessels have a quota of 2500 tonnes of cod with a 50-tonne by-catch of halibut. There’s a 375-tonne quota for tusk and the quota for Greenland halibut is divided into 325 tonnes in East Greenland and 100 tonnes in West Greenland. There is also an 500-tonne experimental quota for crab available, plus the possibility of experimental fisheries for cod and other demersal species.
There are some minor changes to Greenland’s quotas in Faroese waters. The quota for Atlanto-Scandian herring drops by 600 tonnes to 4900 tonnes, while Greenland’s blue whiting quota increases by 3250 tonnes to 23,750 tonnes. In addition, Greenlandic vessels can take a maximum of 7814 tonnes of their own blue whiting quota in international waters within the NEAFC zone.
Negotiations between the Faroe Islands and Greenland have normally been held in Copenhagen, but this time took place in Tórshavn. With the new international airport in Nuuk about to be commissioned, the expectation is that negotiatioins in future will take place in Tórshavn and Nuuk.