Iceland's industry ministry said the island would fish 15% less mackerel this year than in 2012, taking the catch to 123,182 tonnes, to help assure sustainability of the stock.
"We are willing to further reduce our catch if other coastal states agree to do so as well," Industry Minster Steingrimur Sigfusson said in a statement posted on the ministry's website on Saturday. "I hope the coastal states will return to the negotiating table with us to discuss concrete proposals."
Iceland has lowered its mackerel quota in a move that could ease the risk of the European Union barring Icelandic fishermen from its ports.
EurActiv.com with Reuters