The UK fishing industry will receive 2,000 tonnes of fishing opportunities in Faroese waters, following annual negotiations with the Faroe Islands for 2025.
The government announced this was valued at £5m, based on historic prices.
The agreement secures UK fishers 880 tonnes of cod and haddock, 575 tonnes of saithe, as well as redfish, blue ling and ling, flatfish and other species in Faroese waters.
The agreement also reconfirms the UK and Faroese commitments to scientific co-operation and to establish a new joint Compliance Forum, which will allow the parties to share good practice on monitoring, control and surveillance.
This follows the conclusion of other key fishing negotiations with the EU, Norway and other coastal states.
The fishing opportunities secured for the UK fleet in 2025 in the main negotiating forums are worth up to £960m, according to historic landing prices.
“This agreement concludes the UK’s fisheries negotiations for 2025 and will see our fleet ready to take advantage of the quotas secured through these key negotiating forums,” said fisheries minister Daniel Zeichner. “This government will always stand up for the British fishing industry, supporting our coastal communities through a sustainable and economically successful fishing sector.”
The UK negotiates annually with the Faroese government under the UK-Faroe Islands fisheries framework agreement on potential exchanges of quota and broader fisheries management measures.
The agreement highlights both parties’ continued commitment to manage fisheries sustainably and support the long-term viability of stocks.
Throughout the negotiations, the UK government worked closely with the devolved administrations.
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