The Faroe Islands and Russia have concluded a fisheries agreement for 2023.
The agreement includes some changes from the terms of this year’s agreement. The Faroese cod quota in the Russian part of the Barents Sea is reduced by 20% and the Faroese shrimp quota is increased by 1500 tonnes. Russia’s quotas for pelagic species in Faroese waters are all reduced.
Under the agreed terms, the Faroese fleet has access to12.285 tonnes of cod, 1276 tonnes of haddock, 900 tonnes of flatfish and 4000 tonnes of shrimp. Russian vessels get 72,000 tonnes of blue whiting, 13,000 tonnes of mackerel and 8500 tonnes of herring.
Several months ago the Faroese government put in place sanctions on vessels from Russia and Belarus, following the example of EU nations. This took the form of a port ban on vessels under the Russian flag – although this has not extended to fishing vessels, which have continued to be able to have access to Faroese ports, provided no other sanctions apply.