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Irish government and seafood industry representatives will work jointly on a support framework after significant reductions in fishing quotas for key pelagic stocks, including mackerel.

The proposal is based on the results of capelin studies conducted by the Icelandic Marine Research Institute between January 19 and 25 this year.

Since 2016, Icelandic fishers have not directly targeted East Atlantic bluefin tuna, although tuna caught as bycatch has been recorded.

Five weeks after its launch, landings exceeded 1.17 million tons, with more than 300 vessels participating per day.

"The goal remains an agreement that also includes the EU and Greenland," said the Norwegian Minister of Fisheries and Oceans.

The agreement sets shared quotas for key North Sea stocks and introduces tighter measures for cod protection.