Cod Wars Iceland's unilateral extension of its fishery limits from . Unlike in the Cod Wars, the Royal Navy was never sent into Icelandic waters. The British trawling industry, however, implemented costly sanctions on Iceland by imposing a landing ban on Icelandic fish in British ports. The landing ban was a major blow to the Icelandic fishing industry (the UK was Iceland's largest export market for fish) and caused consternation among Icelandic statesmen. The two sides decided to refer one part of the Icelandic extension to the ICJ in early 1953: the controversial Faxa Bay delimitation. Cold War politics proved favourable for
Cod fishing in Newfoundland that the fisheries were returning to their original abundance, just more slowly than had been anticipated. The "Comprehensive Economic and Trade Agreement" (CETA) between Canada and the European Union is a Free Trade Agreement which is still under negotiation as of May 2015. The provincial government has argued that the Federal government of Canada in Ottawa reneged on a deal to pay $280 million in exchange for its relinquishment of minimum processing requirements as part of CETA. Those rules helped protect jobs in fish plants, especially in rural areas hit hard by the cod moratorium since 1992. Cod fishing in