OSLO: Norway’s industry and fisheries ministry will cut marketing tariffs paid by seafood companies to Norwegian seafood council from Jan 1 2017. Norway’s industry and fisheries ministry says new tariff on salmon and trout and most pelagic fish is cut to 0.3 percent from 0.6 percent. For other fish species the tariff will be unchanged at 0.75 percent.
Norway’s industry and fisheries ministry says high demand and new export records has resulted in a jump in the revenues to the seafood council and the tariff was to high compared to what was needed for marketing. Estimated market tariff for 2016 is 560 million Norwegian crowns ($64.71 million), expected 2017 revenues to the seafood council is around 350 million crowns based on the new tariff.