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
History of fishing lasted for more than 1000 years, passing through periods of Black Death, wars and other crises and still is an important Norwegian fish trade. The Portuguese have been fishing cod in the North Atlantic since the 15th century, and clipfish is widely eaten and appreciated in Portugal. The Basques also played an important role in the cod trade and are believed to have found the Canadian fishing banks in the 16th century. The North American east coast developed in part due to the vast amount of cod, and many cities in the New England area spawned near cod fishing grounds.