The Russia-Norway Joint Fisheries Conference has been postponed, leaving the quota allocation for the Barents Sea at a standstill.

JNRFC was established in 1976 and serves as the liaison institution for the two countries in the cooperative development of fishery resources in the Barents Sea, responsible for setting and distributing quotas for Atlantic cod, haddock, and other fish catches. According to sources, as of now, there is still no specific news about the JNRFC meeting, and the "special meeting" held on October 6 failed to reach a consensus on the next steps, with no indication of when the regular meeting (to determine quotas) will be held. Neither the Norwegian Ministry of Trade, Industry, and Fisheries nor the Russian Fisheries Agency has released any official news. Some European importers are concerned that if Russia fails to reach a quota agreement with Norway within the JNRFC framework and chooses to set its own fishing quotas, its MSC certification eligibility may be called into question. MSC certification is a prerequisite for wild seafood to enter the UK and other European markets. On May 20, ...