Brazil recently granted land approval to the Faroe Islands with the intention of soon allowing imports of the self-governing nation’s aquaculture and fishery products, marking the culmination of multiple years of trade talks between the two parties.
"This could be of great importance. This is a giant market for export, and they have been requesting high-quality Faroese products," Sirið Stenberg, the Faroe Islands minister of social affairs and culture, said in an interview with Faroese radio.
Among other products, a future deal would likely be beneficial for producers of Faroese bacalao, or salted cod, who currently export most of their products to Italy, Portugal, and Spain.
Brazil has a strong tradition of eating salted cod, especially around holidays such as Christmas, New Year's, and Easter. Faroese producers originally exported bacalao to Brazil from the end of World War II until the 1970s; however, prices soon plummeted, and the Faroese sought European markets to fetch higher prices. …
