Details of the EU-UK Fisheries Framework Agreement is beginning to emerge after a trade agreement was struck between the two blocs
Details of the Fisheries Framework agreement between the UK and the EU is beginning to emerge after a trade agreement was struck between the two blocs earlier today.
The trade deal will now have to presented to the Parliament in the UK and to the European Parliament for ratification before it will be signed-off on as an international agreement.
It is thought the British Prime Minister Boris Johnson will have no issues getting the deal through Westminster, and he will have the support of the Labour Party, who like many others will be happy with the deal.
The question of getting the deal ratified in the European Parliament might not be as easy as there is strong opposition to the deal coming from EUFA, the Danish Fishermen’s Association and the Killybegs Fishermen’s Organisation in Ireland, all of whom feel that EU fishermen have been sold-out by Ursula von der Leyen and the EU negotiating team.
The UK is set to increase its TAC over the next 5.5 years and the trade agreement itself will be re-examined after four years. The changes are laid out below:
The UK’s quota shares will increase within a 25% envelope. The increases will be phased in over 5 years
- Year 1 15%
- Year 2 17.5%
- Year 3 20%
- Year 4 22.5%
- Year 5 25%
The specific stocks for which quota will be increased, and the % increase by stock have been agreed but the information is not yet available
In return, EU has full access to fish in UK waters during the adjustment period. There will be annual negotiations, but these will focus on setting TACs. This access includes grandfather rights for vessels who have a track record of fishing within the 6-12 nm limit. (At least one day in every year of reference period). At the end of the adjustment period, access will become a matter of annual negotiation. Access applies to all stocks including the main pelagic stocks. If access is denied after the end of the 5-year adjustment period, the EU holds the right to deny access to EU waters and to apply proportionate tariffs to UK fishery products.
There will be regulatory autonomy. The UK will be able to develop its own fisheries management systems outside the CFP as long as the measures are non-discriminatory. (NFFO)