At a recent meeting of the Large Ocean Nations Forum on Blue Growth on 3 October, Høgni Hoydal, Minister of Fisheries of the Faroe Islands, and Sveinn Margeirsson, CEO of Matís, signed a Letter of Intent.
The meeting was organized by the Faroese Ministry of Fisheries, the Nordic Council of Ministers and NORA. In the last two years, there has been more and more discussion about sea areas that belong to nations and their states, rather than the area of the area that rises from the sea.
Høgni Hoydal, Minister of Fisheries of the Faroe Islands, and Sveinn Margeirsson, CEO of Matís.
One year earlier, a committee had reviewed the review of fisheries management in the Faroe Islands report. By its nature, more than fisheries management alone was discussed, and the report examines the diversity of the fisheries sector, the goals and potential benefits of fishing, processing, distribution and sale of seafood through the use of innovation and traceability.
In line with the report's proposal that the Faroese government, together with the Faroese economy, make every effort to make education and research in food production a priority in the Faroe Islands. In this connection, the idea was moved to explore the benefits of establishing a food research unit in the Faroe Islands with Matís as a model.
The declaration of intent signed last week underlines the plans of the Directorate of Fisheries in the Faroe Islands and Matís in Iceland to work together to increase value, food security and public health among large ocean nations.
The collaboration will be further developed through collaborative projects. Emphasis is placed on increasing value creation, based on the utilization of science and innovation, in Faroese fisheries companies and further strengthening scientific collaboration between Faroese, Icelandic and international research and industry. The co-operation will support the goals of the recently announced plans for reform in the Faroese fisheries sector.