Faroe Islands Set to Continue Key Fishing Agreement With Russia
The Faroese-Russian fishing agreement that dates back to the Soviet era and was concluded in 1977 has proved itself mutually advantageous and accounts for around five percent of the island nation’s GDP. | The Faroe Islands, a self-governing part of the Danish Realm, is set to continue a decades-old fishing agreement with Russia, despite the internal opposition previously voicing skepticism and criticism from Denmark proper. ● As of now, there is broad support to renew the agreement for a year, as has been the case for decades. The liberal Home Rule Party has been the only one in the Faroese Parliament to voice disagreement. 💬 “It is without a doubt the only right thing to do in this situation for the Faroe Islands, and I am happy that all parties in the Parliament, except one, are on board and see the sense and the rationale in doing so”, Fisheries Minister Arni Skaale told Danish media.