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Until 1977 the living resources of the Barents Sea and adjacent areas were common property resources exploited by fishermen from most European fishing nations. The implementation of the Extended Fisheries Jurisdiction (EFJ), made possible by the United Nations’ third law of the sea conference, in principle transformed the fishing resources of the area from international common property resources to the property of the coastal states of Norway and the Soviet Union. However, there are still disputes regarding the jurisdictional right for Norway to manage the fisheries resources of the Svalbard zone (Churchill, 1985); and the management problems with respect to the whale stocks in the area still prevail (Hoel, 1985).
KeywordsOpen Access Stock Level Harvest Rate Annual Harvest Common Property Resource
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