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EU, UK reach fishing deal on shared stocks

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(VOVWORLD) - UK Environment Secretary George Eustice announced on Wednesday that the UK and the European Union have struck a fishing deal on their shared stocks, a major component of their trade negotiations since the UK’s departure from the bloc in January, 2020.
EU, UK reach fishing deal on shared stocks - ảnh 1Fishermen at Biscay bay off France's western coast (Photo: AFP/VNA)

“As an independent coastal state, we entered discussions representing the interests of the entire UK fishing industry and have secured certainty for the incoming year,” said Eustice.

The UK-EU catch limits, known as Total Allowable Catches, have been agreed for around 70 fish stocks. They will provide around 140,000 tons of fishing opportunities for the UK fleet, estimated to be worth around 412 million USD, based on historic landing prices. The agreement with the EU also provides a commitment to hold constructive discussions on specific issues relating to fisheries management.

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