An agreement reached between the Faroe Islands and the UK for this year allows the Faroese fleet 850 tonnes of Greenland halibut in UK waters, plus haddock, ling and blue ling.
In return, the UK gets haddock and saithe in Faroes waters, plus a a by-catch allowance of cod. Britain’s quotas in Faroese waters are reduced this year, as the UK has opted to allocate its NAFO cod quota to the UK fleet, instead of passing this to Norway and the Faroe Islands.
The UK’s deal with the Faroe Islands follows the conclusion of negotiations with the EU and Norway at the end of last year.
‘I’m pleased that we have been able to reach a deal with the Faroe Islands for 2024, giving UK fishing vessels access to key stocks such as haddock and saithe.
This builds on the strong deals that the UK has already concluded with the EU and Norway for 2024, negotiating as an independent coastal state to support a profitable and sustainable UK fishing industry,’ said UK minister for fisheries Mark Spencer, commentinng that the agreement highlights both parties’ continued commitment to manage fisheries sustainably and support the long-term viability of stocks.
The UK government states that it worked closely with the devolved administrations to ensure that all fishing communities across the UK would benefit from the agreement.