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The deal, Norway's largest and most important bilateral fisheries agreement, is seen as vital for preserving key fish stocks in the Barents Sea.

The salmon quota is down and cod is still limited to by-catches, only herring is up, with a significant increase in some areas.

The Peruvian Ministry of Production set a cap quota of 2.51 million tons, the third highest of the second anchovy season in the last decade.

This is the recommendation of marine scientists although the final quota will be set by the Norwegian-Russian Fisheries Commission.

Third quarter trading update by the Norwegian seafood giant shows a slight decline in salmon and trout aquaculture harvest volumes, but a notable drop in wild catch of cod.

The International Council for the Exploration of the Sea reduced the recommended mackerel quota for 2025 by 22% due to low spawning stock.