date:Mar 13, 2014
tting stocks in the North Atlantic in danger. Both nations have refused to curb their fishing, however, leading to trade sanctions against the Faroes by the E.U. last fall, with threats of similar sanctions against Iceland. The ongoing debate has been dubbed the Mackerel Wars in the industry media.
The Faroes are officially a province of Denmark, which is part of the E.U., but for the purposes of these discussions the Faroes are considered to be an autonomous state.
Olsen said the agreement st