The Foreign Minister of Iceland, Mr. Einar Agustsson, affirmed on Thursday (31 August) that his?
SV British trawler sailing from home port. (2 shots)
SV Sikorsky helicopter flies overhead. (2 shots)
LV Aircraft taxies PAn to observation aircraft.
LV & SV British trawler in rough seas. (3 shots)
GV's Icelandic gunboats berthed. (4 shots)
LV & SV Trawlers at sea. (3 shots)
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Background: The Foreign Minister of Iceland, Mr. Einar Agustsson, affirmed on Thursday (31 August) that his country would not back down on its decision to extend its fishing limit to 50 miles (80.5 kms).
However, in Britain - one of the main fishing nations in the Icelandic seas - there was new optimism that some sort of agreement could be reached with the government in Reykjavik. British officials have received a fresh note from Iceland which was being studied.
Behind Iceland's decision to extend the fishing limit is a growing concern about the over-fishing of the seas above Iceland's continental shelf. Icelandic officials point out that their country depends on fishing for its economy, while the fishing industries of West Germany and Britain contribute only a small percentage of their countries' wealth.
Britain, however, seeks guarantees that British fishing fleets will be allowed to take not less than 185-thousand tons of fish from Icelandic waters each year. In their negotiations they are backed up by an International Court ruling that Iceland has right to make such an extension to its limits.