1.   Several countries have now set quotas for cod fishing.

2.   Cod fishing, which had been the mainstay for centuries, is dead.

3.   Fifty thousand Atlantic fishermen are out of work because cod fishing has been banned in Canadian waters.

4.   In response, Ottawa has ordered a moratorium on cod fishing.

5.   Asgrimsson underlined that fishermen from Iceland are ready to go to Smutthullet as soon as the cod fishing starts this summer.