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The agreement links Pacific and North Atlantic expertise to explore how "100% Fish" ideas can reduce waste and boost value creation from tuna resources.

The increase is due both to the increasing total quota for the management period 2026-2028 and to Norway securing a larger share in the negotiations.

The Indian seafood group says the deal strengthens its position in three major seafood categories and expands its processing and distribution network.

Worldwide Fishing Company (WOFCO) specializes in fishing and processing seafood, particularly tuna and other tunids, and has a presence in Europe, North America, and other markets.

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

"Now we must begin to make use of this fantastic resource," said Norwegian Minister of Fisheries and Oceans, Marianne Sivertsen Næss.