Cod Wars but that Britain would have fishing rights in allocated zones and under certain seasons in the outer for three years. The Icelandic Althing approved the agreement on 11 March 1961. The deal was very similar to one that Iceland had offered in the weeks and days leading up to its unilateral extension in 1958. As part of the agreement, it was stipulated that any future disagreement between Iceland and Britain in the matter of fishery zones would be sent to the International Court of Justice, in the Hague. The Second Cod War between the United Kingdom and Iceland lasted from
Cod fisheries waters to the West of Scotland where cod has continued to decline. It is broadly accepted that the plan has been a failure and has not delivered its objective of recovering the cod stocks in these areas because of the plan’s over reliance on effort (days-at-sea) that created an indiscriminate ‘race to fish’ which in fact increased fishing mortality on the biomass for cod, on other demersal species and had a destructive impact on the benthic zone of the seabed where it is intensely fished. On the other hand, conservation initiatives undertaken by fishermen working in cooperation with government, such