The Faroe Islands are a small autonomous archipelago of 18 islands, located between Scotland and Iceland, integrated into the Kingdom of Denmark. Since 1948 it has been independent for several things, among which the football team of this country regularly plays World Cup and European qualifiers.
They are also free to sign trade agreements. One of the main sources of their income is fishing. And here's the rub: The Faroe Islands have a historic maritime agreement with Russia that is still in force and is renewed every year.
The agreement allows Faroese fishermen to fish for cod in the Barents Sea, close to Russia, while Russian fishermen can fish for a type of bluefish in the Faroese Sea. This does not sit well with Europe, the United Kingdom, nor Lars Lokke Rasmussen, the Danish foreign minister, who pointed out that if they want to be closer to the European Union, the Faroe Islands should consider "carefully" their agreement to fishing with Russia.
In 2022, the government of Torshavn, the capital of the Faroes, imposed sanctions on Russia for the first time over the conflict with Ukraine, but left their fishing relationship intact.
Because since 1977, during the time of the Soviet Union, the Faroe Islands have had trade relations with Russia and they have continued even in the post-Soviet era. They signed several cooperation agreements, the last one being updated in 2018, and the Faroe Islands, being outside the European Union, did not see their relations with Russia affected after the outbreak of war. Denmark has always stayed out of Russian-Faroese agreements, but now it wants greater involvement for the archipelago to get closer to the EU.
"Perhaps it is difficult to imagine that both sides (Russia and the Faroe Islands) can maintain such a special relationship and at the same time (the Faroe Islands) can deepen their relationship with Europe," said Rasmussen.
The islands' prime minister, Aksel Johannesen, openly condemned Russia's attack on Ukraine: “We are against this war, just like the rest of the world. However, fisheries and fisheries management are essential to us. It's almost 100% of our living."