March 11, 2023 — In early 2018, nine nations and the European Union signed the Central Arctic Ocean Fisheries Agreement – officially known as Agreement to Prevent Unregulated High Seas Fisheries in the Central Arctic Ocean – which limits fishing in the high seas area of the Arctic to research. After ratification, the agreement went into effect on 25 June, 2021.
In addition to the countries that border the Arctic Ocean – the U.S., Canada, Norway, Denmark (Greenland) and Russia – signatories to the agreement include Iceland, Japan, South Korea, and China, which has signaled its intention to play a significant role in the region as a “near-Arctic state.”
Read the full article at SeafoodSource