The Faroe Islands can fish 35% of their quota in British waters and 40% in Norwegian waters.
Ministry of Fisheries and Infrastructure
In mid-June, Norway, the United Kingdom, and the Faroe Islands agreed on a three-year deal to manage, distribute, and access fish mackerel in each other's waters.
Now, the Minister of Fisheries of the Faroe Islands, Dennis Holm, has submitted a proposal for amendments to this mackerel regulation in British and Norwegian waters for review.
Under the agreement, the Faroe Islands were allocated a quota of 98,708 tons. Also, it was agreed that the Faroe Islands can fish 35% of their quota in British waters and 40% in Norwegian waters.
Another aspect of the agreement stipulates that up to 12 Faroese vessels can fish for mackerel in Norwegian waters at any given time. For this reason, the Faroese ministry has proposed provisions on how to proceed if more than 12 Faroese vessels apply for permission.
Additionally, the agreement with Norway specifies that all mackerel caught by Faroese vessels in Norwegian waters must be sold through or with approval from the Norwegian Fishermen's Sales Organization.
Finally, it is noted that it is necessary to amend the regulation on landing in the Faroe Islands so that mackerel caught in Norwegian waters is exempt from landing and processing requirements in the Faroe Islands.