Investing.com investing.com 26 Dec, 2020 23:15 am

British PM sold out fish in Brexit trade deal, fishermen say By Reuters

British PM sold out fish in Brexit trade deal, fishermen say By Reuters
British PM sold out fish in Brexit trade deal, fishermen say

FILE PHOTO: A flag with a slogan supporting the UK fishing industry is seen on the beach in Hastings LONDON (Reuters) - 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.The United Kingdom will leave the EU's Common Fisheries Policy on Dec." 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.1% of the United Kingdom's GDP.

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.The National Federation of Fishermen's Organisations said the fishing industry had been sacrificed by Johnson.

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