The European Union and Iceland have signed a new Memorandum of Understanding (MoU) to enhance cooperation on fisheries and ocean affairs. The MoU establishes a framework for deeper and broader cooperation between the EU and Iceland on key priorities, including sustainable fisheries, scientific research and marine conservation. The arrangement also reinforces joint efforts in protecting marine biodiversity and supporting the energy transition of the fisheries and aquaculture sector.
A key feature of the MoU is the establishment of an annual high-level dialogue, hosted alternately by the EU and Iceland, to monitor progress and advance cooperation in areas of common interest. The first meeting is scheduled to take place at the beginning of 2026.
Commissioner Costas Kadis and Minister Hanna Katrín Friðriksson discussed the need for a comprehensive agreement on shared stocks in the North-East Atlantic, the sustainable blue economy as well as cetacean conservation and welfare. Both sides emphasized the importance of international cooperation to ensure policies are guided by the best available scientific advice.
They underscored the urgency of swiftly ratifying the Biodiversity Beyond National Jurisdiction (BBNJ) Agreement, a landmark treaty that will enhance the protection and sustainable use of marine biodiversity in areas beyond national jurisdiction.
And they acknowledged the importance of aligning efforts to follow-up on global biodiversity commitments, including those outlined in the Kunming-Montreal Global Biodiversity Framework, to ensure sustainable human activities and the protection of vulnerable species.
“Iceland has a long-standing relationship with the EU and we share values and interest in most areas,” said Friðriksson. “With this MoU we are strengthening our mutual commitment in working together in ensuring sustainable fisheries and to face the many challenges in ocean affairs in the North Atlantic both today and in the future.”
