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The long-awaited news was revealed during the Northern Cod 'Fishery Improvement Project' update at the Seafood Expo Global in Barcelona.

The group will propose practical measures for improving quality at landing and reception, with final recommendations due by March next year.

The European Commission has activated the EMFAF crisis mechanism, allowing Member States to compensate seafood operators facing higher costs and lost income.

Eligible projects include seafood processing, port infrastructure, workforce development and coastal regeneration, with dedicated backing available for small-scale fishers.

The Walcan Quinsam River Pink Salmon fishery marks a milestone as it is the only MSC-certified salmon fishery in the Canadian region.

"Our focus as a government today is to provide clarity to all stakeholders in the fishing and aquaculture sectors," said Osvaldo Urrutia.