In accordance with the 2010 EU-Norway mackerel agreement, the EU and Norway will share the burden of increased shares for Iceland and the Faroe Islands in the ratio of EU 68.65 per cent/ Norway 31.35 per cent.
The Commission considers that all reasonable expectations of the Parties can now be met, so as to allow the four Parties (European Union, Faroe Islands, Iceland and Norway) to reach a fair and balanced agreement on the sharing of the mackerel stock. This follows the intensive high-level political discussions held by the Commission over recent months and weeks with all other interested Parties to pave the way for a positive outcome.
EU Fisheries Commissioner, Maria Damanaki, stated that: “The Coastal State meeting that will take place this week in London will be a golden opportunity for all Parties to reach an agreement in light of the prevailing positive scientific advice. Such ideal conditions may not be replicated in the future.”
