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The seafood index on the Oslo Exchange is down four percent since the close of trading yesterday. Photo: Wikimedia Commons

Norway farmed salmon shares shed millions in value as aquaculture tax talks stall

The seafood index on the Oslo Exchange is down 3 percent since the close of trading yesterday.

16 May 2023 14:09 GMT Updated  16 May 2023 18:24 GMT
By Marthe Njåstad and Hanna Gezelius

Norway's key salmon shares sunk sharply on the Oslo stock exchange Tuesday as talks over a deal on the country's aquaculture tax broke down.

The Conservative party (Hoyre in Norwegian), Christian Democratic party (Kristelig Folkeparti or KrF) and the Liberal party (Venstre) announced mid-day they were abandoning the government's talks on its proposed aquaculture tax.

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