Why is cod fishing banned in 2003?

Cod fishing was banned in 2003 primarily due to severe overfishing that led to a dramatic decline in cod populations, particularly in the North Atlantic. The stocks had fallen to dangerously low levels, prompting governments to implement a moratorium to allow the fish populations to recover. This ban aimed to protect the species and ensure the long-term sustainability of the fishing industry. The situation highlighted the need for better fisheries management practices to prevent similar crises in the future.