The new trilateral agreement on mackerel catch-share allocations in the Northeast Atlantic (NEA) has not ended the long-running dispute over how much of the lucrative catch each coastal state should be entitled to, but there’s little doubt that inter-state relations are more harmonious. 

In March, after more than four years of failed negotiations, the European Union (EU), Norway and the Faroe Islands agreed on a five-year catch-share management plan. For the time being, Iceland remains o…