Norway and the Faroe Islands have reached agreement on reciprocal fishing rights for 2017, with the Faroes getting an increased cod quota in Norwegian waters and in return Norway gets a higher mackerel quota in the Faroese EEZ.
Under an similar agreement to previous years, the Faroese fleet gets access to 4410 tonnes of cod, 1025 tonnes of haddock, 500 tonnes of saithe and 200 tonnes of other species in Norwegian waters, while they also have a 4000 tonne cod quota and 350 tonnes of haddock inside Norwegian waters under the agreement with Russia. In addition, Faroese vessels can catch 1814 tonnes of cod in the Svalbard zone next year, as well as 437 tonnes of other species.
The Norwegian quotas in Faroese waters are 2000 tonnes of ling and blue ling, 1700 tonnes of tusk and 800 tonnes of other species, plus 4979 tonnes of mackerel that can be taken either in the Faoese EEZ or in the Herring Loophole, the international zone between Norway, Iceland and the Faroe Islands, and 34,800 tonnes of blue whiting.