Source · Select Committees · Business and Trade Committee

Recommendation 8

8 Accepted

Call on Government to enable a multi-year fisheries settlement, signalling a fair deal.

Recommendation
We concur with the recommendation of the EU-UK Parliamentary Partnership Assembly that there would be value in “providing a signal at or before the [UK-EU] Summit that a fair deal on fisheries will be reached” and call on the Government to enable a multi-year settlement. (Recommendation, Paragraph 36)
Government Response Summary
The government secured a 12-year fishing access arrangement with the EU and announced a new £360 million 'Fishing and Coastal Growth Fund' over 12 years to support the industry.
Government Response Accepted
HM Government Accepted
At the UK-EU Summit, we secured a deal with the EU that protects Britain’s fishing access and fishing rights. We announced a new twelve-year access arrangement with the EU which gives fishing communities stability: UK fisheries can invest, plan and grow their businesses knowing they’ll have secure access to EU waters, which is worth around £80m per year to our fleet in landings revenue. There is no change to the British quota; not one more fish will be taken out of the water than previously. We remain outside the EU’s fisheries rules. Our fisheries will benefit from the new SPS agreement that will slash red tape for UK seafood exports, and reopen the EU market to GB shellfish from certain domestic markets. This will make it easier to sell British fish to our largest trading partners. The Government is committed to the long-term prosperity and sustainability of our fishing industry, which is why we have announced the “Fishing and Coastal Growth Fund”, investing £360 million over the next 12 years to support the next generation of fishermen and breathe new life into our coastal communities. We will work with the industry to target investment where it matters most.