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Faroe Islands extends fishing agreement with Russia

Updated Nov 26, 2022
The authorities of the Faroe Islands have decided to conclude a new agreement on fishing quotas with Russia. This was reported on Saturday by the agency Ritsaus Bureau. The Fisheries Agreement has been in existence since 1977 and is reviewed every year. The agreement was extended despite objections from the EU and Denmark due to the situation in Ukraine. Among other things, the former Minister of Foreign Affairs of the Yenis av Rana said that, in his opinion, the Faroe Islands should stop any cooperation with Russia.
“It is absolutely right for the Faroe Islands to extend the current fishing agreement with Russia, where we exchange fishing quotas with the Russians,” commented the Minister of Fisheries of the Faroe Islands, Arni Skole, in an interview with the Jyllands-Posten newspaper. “In the Faroe Islands, we completely distance ourselves from any wars , including from the war in Ukraine. But for us, the agreement is much more than just fishing." The minister explained that the treaty is also a concern for fish stocks, employment and the survival of small fishing communities. In addition, the document is of great economic importance for the Faroe Islands. Skole compares the cancellation of the agreement to Denmark's simultaneous closure of "all agriculture and the entire medical device industry." "The ...
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