AGL 40.00 Decreased By ▼ -0.16 (-0.4%)
AIRLINK 129.53 Decreased By ▼ -2.20 (-1.67%)
BOP 6.68 Decreased By ▼ -0.01 (-0.15%)
CNERGY 4.63 Increased By ▲ 0.16 (3.58%)
DCL 8.94 Increased By ▲ 0.12 (1.36%)
DFML 41.69 Increased By ▲ 1.08 (2.66%)
DGKC 83.77 Decreased By ▼ -0.31 (-0.37%)
FCCL 32.77 Increased By ▲ 0.43 (1.33%)
FFBL 75.47 Increased By ▲ 6.86 (10%)
FFL 11.47 Increased By ▲ 0.12 (1.06%)
HUBC 110.55 Decreased By ▼ -1.21 (-1.08%)
HUMNL 14.56 Increased By ▲ 0.25 (1.75%)
KEL 5.39 Increased By ▲ 0.17 (3.26%)
KOSM 8.40 Decreased By ▼ -0.58 (-6.46%)
MLCF 39.79 Increased By ▲ 0.36 (0.91%)
NBP 60.29 No Change ▼ 0.00 (0%)
OGDC 199.66 Increased By ▲ 4.72 (2.42%)
PAEL 26.65 Decreased By ▼ -0.04 (-0.15%)
PIBTL 7.66 Increased By ▲ 0.18 (2.41%)
PPL 157.92 Increased By ▲ 2.15 (1.38%)
PRL 26.73 Increased By ▲ 0.05 (0.19%)
PTC 18.46 Increased By ▲ 0.16 (0.87%)
SEARL 82.44 Decreased By ▼ -0.58 (-0.7%)
TELE 8.31 Increased By ▲ 0.08 (0.97%)
TOMCL 34.51 Decreased By ▼ -0.04 (-0.12%)
TPLP 9.06 Increased By ▲ 0.25 (2.84%)
TREET 17.47 Increased By ▲ 0.77 (4.61%)
TRG 61.32 Decreased By ▼ -1.13 (-1.81%)
UNITY 27.43 Decreased By ▼ -0.01 (-0.04%)
WTL 1.38 Increased By ▲ 0.10 (7.81%)
BR100 10,407 Increased By 220 (2.16%)
BR30 31,713 Increased By 377.1 (1.2%)
KSE100 97,328 Increased By 1781.9 (1.86%)
KSE30 30,192 Increased By 614.4 (2.08%)

LONDON: British fishermen said on Saturday that Prime Minister Boris Johnson had sold out fish stocks to the European Union with a Brexit trade deal that gives EU boats significant access to the United Kingdom’s rich fishing waters.

Some British politicians also said the deal added up to a sell-out.

The United Kingdom will leave the EU’s Common Fisheries Policy on Dec. 31, but under the trade deal agreed on Christmas Eve the current rules will remain largely in place during a 5-1/2-year transition period. After that period, there will be annual consultations to establish the level and conditions for EU access to British waters.

The National Federation of Fishermen’s Organisations said the fishing industry had been sacrificed by Johnson. For example, it said, the UK’s share of Celtic Sea haddock will increase to 20% from 10%, leaving 80% in the hands of EU fleets for a further five years.

“In the end-game, the prime minister made the call and caved in on fish, despite the rhetoric and assurances,” the group said.

The British government said the trade deal reflected the United Kingdom’s new position as a sovereign independent coastal state and provided for a significant uplift in quota for UK fishers, equal to 25% of the value of the EU catch in UK waters.

“This is worth 146 million pounds for the UK fleet phased in over five years,” the British government said. “It ends the dependence of the UK fleet on the unfair ‘relative stability’ mechanism enshrined in the EU’s Common Fisheries Policy, and increases the share of the total catch taken in UK waters taken by UK vessels to circa two thirds.”

But Scottish First Minister Nicola Sturgeon, the leader of the Scottish National Party, said Johnson had “sold out Scottish fishing all over again.”

“Promises they knew couldn’t be delivered, duly broken,” Sturgeon said.

Fishing contributed just 0.03% of British economic output in 2019, but many Brexit supporters see it as a symbol of the regained sovereignty they say leaving the EU brings.

Combined with fish and shellfish processing, the sector makes up 0.1% of the United Kingdom’s GDP.—Reuters

Comments

Comments are closed.