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Thursday, 01 August 2013

Faroe Islands risks sanctions over overfishing

Faroe Islands risks import prohibitions and banning of its fishing vessels from EU ports, because of overfishing of Atlanto-Scandian herring, the European Commission announced on 31 July. The announcement came the same day it had received the approval of the member states on the sanctions proposal.
A final decision on this is to be taken by the European Commission by the end of August.
This comes after, earlier this year, Faroes’ government unilaterally tripled its existing fishing quota. The Commission considers that this jeopardises the long term sustainability of the stock, and constitutes a unilateral disruption of the joint management of a crucial fishery stock.
Following the Faroese announcement, the European Union gave a 'warning' to the Faroese authorities in May. However, the Faroese government did not propose any concrete offer for resolution, the Commission informs.

Source: European Voice, European Commission