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"We must rebuild fish stocks and reinforce the ecosystem in the Baltic. This must be a joint effort," urged Fisheries Commissioner Costas Kadis.

Driven by the European Commission, the proposal's ultimate goal is to make EU policies better informed to support the sector's long-term sustainability.

The new Memorandum of Understanding aims to strengthen joint efforts on ocean governance, biodiversity, and scientific research.

This initiative is called 'Improving stock assessment and sustainable management of marine fisheries through integrated genetic data collection'.

Following the recommendation from the International Council for the Exploration of the Sea, the quota represents a 12% decrease compared to last year.

Annual seaweed industry conference brought together over 200 global seaweed experts in Rotterdam.