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Britain and EU sign fishing deal – but it ‘won’t please everyone’

June 3, 2021 — Britain and the European Union on Wednesday agreed the first ever annual deal on the management of shared fish stocks after Brexit.

In anticipation of a potential backlash from British fishermen, Whitehall sources on Wednesday night cautioned that agreement would not “please everyone”.

Brussels said the new fishing agreement proved that the UK and EU could work together after months of tensions since the UK left the Brexit transition period on December 31.

The European Commission said the new deal created a “strong basis for continued EU-UK cooperation in the area of fisheries” after months of negotiations, which began in January.

The agreement sets out the total allowed catch (TAC) for more than 75 shared stocks in UK and EU waters for the rest of the year.

The TAC, which aims to prevent overfishing, is then divided between the two sides on the basis of quotas agreed in the Brexit deal on fishing on Christmas Eve. Both sides had agreed to use the 2020 TAC until a deal could be found.

Read the full story at MSN

EU Commissioner: EUR 500 million seafood support top-up will aid sector’s recovery

June 3, 2020 — The additional EUR 500 million (USD 560.3 million) – added to the European Maritime Fisheries Fund (EMFF) last week – will strengthen the recovery and resilience of the E.U.’s fisheries sector as the region’s economy slowly reopens, according to European Commissioner for Environment, Oceans, and Fisheries, Virginijus Sinkevičius.

The additional funding, which is part of the Commission’s Recovery Package, represents an increase of more than 8 percent compared to the budget initially proposed for the EMFF in 2018.

Read the full story at Seafood Source

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