LÍÚ Calls PM’s Vision for the Future an Illusion Skip to content

LÍÚ Calls PM’s Vision for the Future an Illusion

Fridrik J. Arngrímsson, managing director of the Federation of Icelandic Fishing Vessel Owners (LÍÚ), described Prime Minister Jóhanna Sigurdardóttir’s vision for the future that Iceland can become a leader in the European fishing industry an illusion.

A fishing vessel in Iceland. Photo by Páll Stefánsson.

“My vision for the future is that Iceland will lead in the creation and management of the EU fisheries policy as well as lead in the European fishing industry. I’m absolutely confident that it will work,” Sigurdardóttir said in her keynote speech at the Althingi parliament yesterday, Fréttabladid reports.

Arngrímsson stated that Iceland will never participate in the management of the EU fisheries policy. The PM also mentioned new business opportunities on the European market, but Arngrímsson said he would like to hear examples.

According to Arngrímsson, EU membership will not bring any new business opportunities to the fishing industry, especially not in relation to company investments.

The PM also claimed that EU regulations on proportional stability would secure quota for Iceland on local fish stocks. Arngrímsson described this claim as an exaggeration, “It is a regulation, and it can be changed.”

Click here to read more about the PM’s keynote speech.

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