November 13, 2020 — The United Kingdom and Iceland are to increase their collaborative efforts on fisheries matters through a new memorandum of understanding (MOU) that has been signed by U.K. Fisheries Minister Victoria Prentis and Icelandic Minister of Fisheries Kristján Þór Júlíusson. It is the first fisheries agreement ever made between the two countries.
According to the U.K. government, the MOU, which will come into effect on 1 January, 2021, will establish a U.K.-Iceland Fisheries Dialogue, whereby both countries share best-practice and cooperate on a range of issues, including product innovation and food waste reduction. It will also provide a platform for businesses to exchange knowledge on the adoption of new technologies, and ways to enhance the value, traceability and marketing of seafood products.