Workers cut up a large fin whale in Hvalfjordur, Iceland, last winter: but the industry has failed to find a market
Iceland's fisheries minister Einar K. Guofinnsson said that it made no sense to issue new quotas if the market for whale meat was not strong enough.
"The whaling industry, like any other industry, has to obey the market. If there is no profitability there is no foundation for resuming with the killing of whales.”
"There is no reason to continue commercial whaling if there is no demand for the product," he added.
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