Boost for salmon in new Norway-EU deal

Published 2023년 12월 4일

Tridge summary

Norway and the EU have signed a new seafood deal that is expected to benefit Norway's salmon farmers. The agreement confirms the continuation of current arrangements but also opens up new quotas for processed and smoked salmon and frozen shelled prawns. Although there may be delays on the EU side for the implementation of duty-free quotas, the Norwegian government has urged for quick processing to ensure access to these quotas by 2024.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Norway and the EU have signed a new seafood deal which is expected to lead to an increase in salmon trade. Much of the deal simply confirms a continuation of the current arrangement, but the big winners are likely to be Norway’s salmon farmers. Norway’s new Fisheries Minister Cecilie Myrseth said that the EU remains her country’s most important market for seafood, adding that several duty free quotas for important products would continue but the new agreement would also open new quotas for processed and smoked salmon and frozen shelled prawns. She said the Oslo government had improved the terms of trade for a number of important products that are processed in Norway. Norway is a member of the EEA, not the EU, but the country retains both close and important links with the European Union, particularly in relation to seafood. The new agreement will run until 2028 and should see increased Norwegian seafood exports to the country’s European neighbours. The EU has said It will also ...

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