A meeting between the delegations of Iceland and the Faroe Islands and the European Union and Norway, held last weekend in Reykjavík at the invitation of Iceland as an effort to resolve the mackerel dispute, ended on Sunday without a conclusion.
Iceland has unilaterally issued a quota of 123,000 tons of the joint mackerel stock this year and demands a 17 percent share, Fréttablaðið reports. The Faroe Islands are also claiming a higher share than accepted by the EU and Norway.
This has led to the EU launching sanctions against the Faroe Islands—also in reaction to their alleged overfishing of herring—and threatening to do the same against Iceland.
Last weekend’s meeting was informal with the formal talks scheduled to continue in London at the end of October.