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    Home > Food News > Food Articles > Norway and Russia are proposing to cut their Barents sea cod quotas by 20% by 2023!

    Norway and Russia are proposing to cut their Barents sea cod quotas by 20% by 2023!

    • Last Update: 2022-09-14
    • Source: Internet
    • Author: User
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    Cod fishery
     
    This year's quota has already been cut by 20 percent to 708,480 tonnes, and the latest cut could put more pressure
    on current soaring prices.
    "Cod stocks are declining, but we believe that if we follow our recommendations, it will stabilize," said Bjarte Bogstad, who heads the north-east Arctic cod population at the Norwegian Institute of Oceanography (IMR), a member of
    the Norwegian-Russian research institute.
     
    Researchers estimate that cod now produces about 800,000 tonnes of eggs, the lowest level
    since 2008.
    However, the years in between have been good for cod, with spawning reached a record 2.
    3 million tonnes
    in 2013.
     
    "The proposed quota reduction is limited by a management rule that prevents the quota from being cut by more than 20 percent," he said, hinting that it could be lower
    .
    The maximum 20% rule is considered a sustainable compromise between fishermen's stability and long-term yields
    .
     
    The quota of 566,784 tons would be the lowest since 2009
    .
    The size of the fishery has declined every year since 2013, and researchers recently warned that it will continue to fall
    in last year's quota proposal.
    "We expect the situation in this fishery to continue to fall until the next quota proposal is proposed before it will stabilize
    ," he said.
    "Cod populations in the Barents Sea are still huge and important, but the peak period is over
    .
    " He said
    .
     
    In addition, the researchers recommend reducing the northeastern Arctic haddock quota by 5 percent to 170,067 tonnes
    by 2023.
    As usual, the Norwegian and Russian authorities will determine the final quota through the Joint Norwegian-Russian Fisheries Commission, which usually takes place
    in October.
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