Iceland, EU on verge of fishing war

[n2doc]

Iceland walks out of fishing talks
By Lewis Smith

Britain and the EU are on the verge of a trade war with Iceland and the Faroe Islands after talks to agree a quota for fishing mackerel collapsed.

Iceland and the Faroes have set their own vastly increased quotas and walked out of negotiations with the EU which were intended to find a mutually acceptable figure.

In what some observers are already calling "Cod Wars II", EU nations are expected to take retaliatory action to put pressure on Iceland and the Faroes to reduce the quantity of mackerel they catch. The EU has already threatened trade sanctions which could result in a ban on Faroese and Icelandic imports of cod, herring, whiting, haddock and mackerel. Iceland set a 130,000-ton quota this year while the Faroes gave themselves an 85,000-ton quota. The figures are many times bigger than five years ago.

Richard Benyon, the UK's Minister for Natural Environment and Fisheries, said: "The lack of an agreement ... on mackerel is a major threat to the stock's future sustainability and we are considering what actions we can now take to make them see sense."
more

http://www.independent.co.uk/news/uk/politics/iceland-walks-out-of-fishing-talks-2158681.html

[catgirl]

1. Iceland did the same thing with whales

There should be a boycott. I won't go there, although it's a nice place to visit. It's too bad
they are so greedy.