Icy fishing: UK and Iceland fish stock disputes
In spite of generally excellent bilateral relations, Iceland and the UK have had a number of fisheries disputes. There are now increasing tensions between the two parties after Iceland started catching large quantities of mackerel. Iceland has been condemned for ‘plundering’ the stock and for threatening its long-term future. The stock is worth some £200 million to the UK economy. The dispute has become known as the Mackerel War.