MOSCOW, February 21. /TASS/. The State Duma, the lower house of the Russian legislative assembly, voted for denunciation of the fisheries agreement with the United Kingdom.

The agreement was made in 1956 between the USSR and the United Kingdom.

The agreement is "of predominantly single-side orientation, and there are no similar or proportional benefits for the Russian Federation in it," the explanatory note reads. It is also noted that considering the decision of the United Kingdom to terminate the most favored nation trade regime in respect of Russia made on March 15, 2022, denunciation of the document "will not cause serious foreign political or economic consequences for the Russian Federation."

According to the denounced document, British fishing boats were allowed fishing in certain areas of the Barents Sea along the Kola Peninsula’s coast. Free navigation and anchorage for the ships was also allowed. The agreement continued to be in force after the collapse of the USSR because Russia is the successor to the Soviet Union.