Brussels, 11 (European Press)
The European Union has concluded agreements with the United Kingdom and Norway on fishing opportunities for 2024 as EU sector ministers continue negotiations on Monday to distribute catches among the 27 countries.
The agreement with the UK covers 85 permitted catches in the North-East Atlantic and guarantees fishing opportunities for approximately 388,000 tonnes for the EU fleet, valued at around €1 billion based on historical wholesale prices, adjusted for inflation.
The agreement, concluded on Friday evening, will contribute to the sustainable management of fish stocks jointly managed by both parties, in addition to providing stability and predictability to the fleets and operators involved.
The agreement was reached within the framework of the Trade and Cooperation Agreement (PCA) between the EU and the UK following the fourth annual consultation on fishing opportunities. The European Union based its positions on its legal framework, including multi-year plans for sea basins, and negotiations were guided by the best available scientific advice on the state of fish stocks.
Social and economic considerations were also taken into account to avoid bottlenecks that could lead to early closure of some fisheries.
Furthermore, the tripartite agreement between the EU, Norway and the UK on jointly managed fish stocks in the North Sea by 2024 sets the total allowable catch at more than 915,000 tonnes, covering the EU quota of around 415,000 tonnes. , Scythe, whiting, plaice and herring.
Finally, the EU and Norway held bilateral consultations on shared stocks in the North Sea and Skagerrak, as well as an exchange of quotas. The three bilateral agreements relate to the exchange of quotas, mutual access to fishing in the other party’s waters, and the setting of quotas in the Skagerrak and Kattegat.
The two sides have achieved an ambitious balance in exchanging fishing opportunities of great economic importance. Among other stocks, the EU will acquire 9,983 tonnes of Arctic cod by 2024, while transporting 48,000 tonnes of blue whiting to Norway.
Agreed catch limits for inclusion in the 2024 Fishing Opportunities Regulation will be presented during a meeting of EU fisheries ministers that started on Sunday and continues throughout Monday.
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