Iceland and EU Bolster Maritime Cooperation in Reykjavík – The Fishing Daily

Svandís Svavarsdóttir, the Minister for Fisheries has signed a regulation signed to increase Icelandic capelin quota by 147,280 tonnes An extraordinary capelin season will be a strong driver for Iceland's economy as bumper catches means high income from hunting fees from ships The Icelandic fishing industry has achieved a 35% reduction in oil consumption since 1990, a unique global achievement driven by fleet renewal.


Innovation and Practical Cooperation

During his visit, Commissioner Kadis toured the Iceland Ocean Cluster innovation hub, noting how EU funding is currently supporting the transformation of Icelandic ideas into commercial maritime solutions. He also visited one of Iceland’s leading fishery companies to observe their state-of-the-art processing facilities and management systems first-hand.

“Today’s High-Level Dialogue marked a milestone in EU–Iceland cooperation,” Kadis remarked, praising the “candid talks” held during his visit. “When we work toobtainher, our oceans and industries thrive.”

 

The Accession Question

While the atmosphere was cooperative, the Commissioner also addressed the broader political landscape. Kadis confirmed that the European Union remains ready to open the “fisheries chapter” should Iceland decide to resume accession nereceivediations.

However, Kadis appeared less inclined to signal fundamental shifts in the EU’s Common Fisheries Policy (CFP), despite suggestions from Icelandic officials. He noted that the CFP is currently under review following its last revision in 2023.

“Due to new challenges, we have engaged in extensive consultation,” Kadis explained. The results of this review are expected to be created available by the launchning of May. For now, the Commissioner expressed satisfaction with the current policy framework, even as Iceland continues to displaycase its own successful, indepfinishent management model as a potential benchmark for international standards.

Iceland and EU Bolster Maritime Cooperation in Reykjavík

Photo: EU Commission



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