The European Union has ratified the Fisheries Agreement with the United Kingdom for 2022

The European Union has ratified the Fisheries Agreement with the United Kingdom for 2022

The European Union has ratified the Fisheries Agreement with the United Kingdom for 2022

The agreement allows the EU Navy to continue fishing in the Atlantic and North Sea waters and sets the total allowable catch (TAC) for each species.

The Trade and Cooperation Agreement between the two sides sets out the terms by which the European Union and the United Kingdom determine their fishing rights in the Atlantic and North Seas.
The European Council (EU) on Wednesday approved an agreement between the community block and the UK on fishing opportunities for 2022, which includes about 100 shared shares (‘shares’).

The agreement allows the EU Navy to continue fishing in the Atlantic and North Sea waters and sets the total allowable catch (TAC) for each species.

Following the UK’s exit from the EU, jointly managed fish resources are considered shared resources under international law.

The Trade and Cooperation Agreement between the two sides sets out the terms by which the European Union and the United Kingdom determine their fishing rights in the Atlantic and North Seas.

Under that agreement, the two sides agree to hold annual negotiations with a view to determining TACs and allocations for the coming year.

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