ZURICH, Dec 20 Authorities of the island of Greenland (autonomous territory of Denmark) ) have decided to suspend the fisheries agreement with Russia, Agence France-Presse reports with reference to the relevant ministry of autonomy.
The Ministry of Fisheries of Greenland told the agency that they had informed the Russian side that «due to the reduction in stocks of some fish species, the exchange of quotas for 2023 is not possible.»
Russia and Greenland signed an appropriate intergovernmental agreement in 1992. The main element of the document is the mutual exchange of quotas for the extraction of aquatic biological resources in the exclusive economic zone of the Russian Federation in the Barents Sea and the fishing zone of Greenland. At the end of last year, countries agreed on quotas for halibut, perch, cod and haddock.
Earlier, the Danish television channel TV2 reported that the Faroe Islands, which are part of Denmark as an autonomy, extended the fishing agreement with Russia, the parties determined fishing quotas in the territorial waters of the two countries.
In October, the Federal Agency for Fishery informed that the Russian Federation and Norway agreed on the conditions for fishing common stocks and plans for the development of cooperation for 2023.