Norway tightens rules on foreign investment in fleet
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May 10, 2021 10:14 BST
Norway s minister of fisheries and seafood, Odd Emil Ingebrigtsen, asked the directorate of fisheries to maintain a strict practice in cases of breaches of regulations committed with vessels under the flag of a third country when applying for approval of foreign companies as minority owners in Norwegian fishing companies [.]
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Last modified on Sat 1 May 2021 08.09 EDT
The failure of the UK government to seal a fishing quota deal with Norway â despite heralding a âhistoricâ Brexit agreement with the country last year â is a disaster that will have serious consequences, say fishery leaders.
âThis is actually a loss of real fishing opportunities,â said Barrie Deas, the chief executive of the National Federation of Fishermanâs Organisations, âand in that sense weâve gone backwardsâ.
The North Atlantic is key to UK fishing interests because it provides a large stock of cod and haddock for the nationâs fish and chip shops.