EU needs to reexamine trade and fisheries agreements with Norway

Published 2024년 8월 15일

Tridge summary

The Market Advisory Council (MAC) has urged EU member states to ensure that trade and fisheries agreements with Norway do not harm the competitiveness of EU processing services and fishery products. MAC, which advises the European Commission on fishery and aquaculture products, expressed concerns about Norway's demand for full market access for its fishery products, which could disadvantage EU companies. The Norwegian salmon industry has been exporting processed production-grade salmon to the EU, causing significant price discrepancies and competition with locally produced fillets. MAC recommended that the European Commission inspect Norwegian salmon and consider imposing taxes on imports if Norway continues its current practices.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

European Union member nations must ensure that trade and fisheries agreements established with Norway do not impede on the competitiveness of E.U. processing services and fishery products, according to the Brussels, Belgium-based Market Advisory Council (MAC).Co-funded by the E.U. and comprising organizations representing the seafood value chain, as well as other interest groups, MAC provides advice to the European Commission concerning fishery and aquaculture products. While the E.U. and Norway have maintained longstanding seafood trade relations, action is required to ensure there’s more of a level playing field regarding the access Norwegian fishery and aquaculture products have to the E.U. market, it said.The E.U.-Norway seafood trade relationship is influenced by a series of agreements, specifically the European Economic Area (EEA)’s Financial Mechanism and the Norwegian Financial Mechanism, as well as three E.U.-Norway fisheries agreements.MAC Secretary General Pedro Reis ...

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