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Norwegian Know-How Aids Icelandic Cod Plans

ICELAND - In a bid to counter the pressures caused by cod quotas, Iceland's fishing sector is planning to farm more of the species.

Einar K. Gudfinnsson, the Icelandic Minister of Fisheries, together with industry representatives, believe that farmed cod production needs to be increased.

“We have reached a critical moment with regard to cod farming in Iceland. The companies have to grow and production has to increase considerably,” Gudfinnsson told Icelandic newspaper Fréttabladid.

Co-operate

Norway has agreed to help Iceland meets its challenge and there are plans for a number of fish farms in Iceland's offshore and fjord waters. Norway has experience and success in cod farming and the Icelandic fisheries sector believes the technology can be adapted and perform as successfully in their industry.

Speaking to Fréttabladid Sigurd O. Handeland, managing director of the spawn farming station Saga Fjörd in west Norway, said sharing Norweigian experience and expertise could hep to speed up large-scale spawn farming in Iceland.

Baard Haugse, managing director of Grieg Cod Farming AS, set to become one of three largest cod farming companies in Norway in the near future, was also willing to co-opetate with Icelanders.

“We don’t have many secrets. Fish farmers can learn from each other and we also believe that our seven years of experience gives us a certain advantages over other nations,” said Haugse.

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