The stock of the northeast Atlantic cod is well-monitored with quantitative assessments available. The spawning stock biomass -- the sum of weights of individuals in a fish stock capable of reproducing --is above target. Scientific advice for long-term recovery is adequately defined. A precautionary management plan is in place. However, the total allowable catch is set higher than the catch quantities corresponding to the management plan.
Impact on endangered sharks, skates and rays are likely. Bycatch rate of unmonitored and unmanaged species is low. This fishery is likely to pose negative impact on the benthic ecosystem.
The fishery is co-managed by Russia and Norway. Technical measures such as gear regulations are enacted. Monitoring, control and surveillance is well-established. There is little monitoring on bycatch of endangered, threatened, protected (ETP) species and area closures could be improved. The overall management is considered partly effective.