The UK fishing industry will benefit from 140,000 tonnes of fishing opportunities worth over £280 million in 2023 after the UK today (20 December 2022) reached an agreement with the EU.
This brings the total value of fishing opportunities secured for the UK fleet in 2023 in the three main negotiation forums to £750 million, a £34 million increase from last year.
In the third year of annual fisheries negotiations with the UK operating as an independent coastal state, the UK and EU today agreed catch levels for 69 important fish stocks. This included some of the most commercially valuable stocks to the UK fishing industry such as North Sea Nephrops (£54m), Anglerfish (£31m) and Western hake (£25m).
Throughout the negotiations, the UK Government has worked closely with the devolved administrations to ensure fishing communities across the UK will benefit from the agreement. The Scottish industry, for example, will benefit from improved catch levels for North Sea stocks including cod, hake, whiting and nephrops.
The agreement also commits the UK and EU to work together to provide more sustainable fisheries management.