Russia and Norway agree on lowest cod quota in 33 years

Published 2024년 11월 5일

Tridge summary

Russia and Norway have set the lowest mutual cod fishing quota in the Barents Sea since 1991 at 340,000 tons, marking a significant reduction from the previous year. Russia's quota is 151.4 thousand tons, a 21.6% decrease, and Norway's is 163.4 thousand tons, a 23% decrease. Despite being an anti-record, the total catch limit is 28.5 thousand tons higher than the proposed TAC by the Norwegian Institute of Marine Research. The cod fishing quotas have been consistently decreasing since 2014, with Russia and Norway being the leading cod fishing countries.

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Original content

When distributing quotas for mutual cod fishing in the Barents Sea, Russia and Norway have determined the lowest permissible catch (TAC) since 1991 at 340 thousand tons. This was reported on its Telegram channel by the All-Russian Association of Fishery Enterprises, Entrepreneurs and Exporters (VARPE). In particular, Russia's quota for next year will be 151.4 thousand tons, which is 21.6 percent lower than the year before. For Norway, it will be 163.4 thousand, or 23 percent less, respectively. At the same time, the total catch limit for both countries, although an anti-record, is 28.5 thousand tons higher than the TAC that the Norwegian Institute of Marine Research (IMR) had previously proposed introducing. Last year, the quota agreed upon with it was 453.4 thousand tons. At the same time, VARPE recalled that cod fishing quotas in the Barents Sea have been decreasing almost continuously since 2014, when the TAC was about one million tons. The ...

Source: Rosng