MMO analysis of fishing quota shares in the EU-UK Trade and Cooperation Agreement

Notices

The UK government has stated that the full quota share uplift is worth around £146m in fishing opportunities for the UK fleet. The MMO has produced a report that discusses the outcome of the EU-UK deal.

According to the MMO:

“This is a standalone report that discusses the outcome of the EU-UK deal only and does not account for the outcome of annual negotiations that were completed after the UK-EU Trade and Cooperation Agreement was signed. This analysis only covers fish stocks subject to quota management and therefore does not include non-quota stocks or account for the impact of access arrangements.”

“The UK government has stated that the full quota share uplift is worth around £146m in fishing opportunities for the UK fleet. This is equal to around 25 per cent of the value of the average EU catch from UK waters and will be phased in over 5 years. This report will explain the methodology, assumptions and caveats behind these figures and provide further context.”

See the MMO report.

The NFFO has undertaken its own analysis of the wider outcomes of the TCA.  See Brexit Balance Sheet.