The EU strives to maintain existing fishing regimes – quotas and access rights – as much as possible under the bloc`s Common Fisheries Policy (CFP). Fishing quotas are distributed among Member States and set annually. Historically, coastal states have exercised control of their “territorial waters.” The definition of territorial waters varied between times and places: in the 18th century, some countries argued that this should be the distance at which a cannonball could be drawn from the coast, whereas in the second half of the 20th century, a distance of 12 nautical miles (nm) from the coast was generally accepted. Within these borders, fish could only be caught with coastal state vessels or under a contract between that state and the fishing vessel`s country of origin. Outside these borders, on the high seas, everyone could fish. The political declaration between the UK and the EU states that the two sides should reach and ratify a fisheries agreement by 1 July 2020. If this is not the case, a broader trade agreement (including market access for fish and fish products in the United Kingdom) can be settled at the end of the year, provided that both parties do not agree on an extension of the transition. The Common Fisheries Policy was created to manage fish stocks for the Whole of the European Union. Article 38 of the 1957 Treaty of Rome, which founded the European Communities (now the European Union), stipulated that the common market extended to agriculture and trade in agricultural products.
agricultural products in the treaty, i.e. soil, livestock and fishing products, as well as primary processing products directly related to these products. He did not mention fishing or common fishing areas otherwise. In addition, there is no EU-wide database containing information on private agreements between EU companies and third countries. Even if the vessels benefiting from these agreements are FLAGGed or operated by EU citizens, the EU has not established a procedure to ensure that these rules comply with EU fishing legislation, comply with labour law or guarantee the EU operator that the authorisation they have obtained is valid. Information on private agreements since 2008 has been included in access to requests for information. However, the European Commission has not been able to provide information on the fishing activities of EU Member States under private agreements. Private agreements are therefore not included in this database.
According to the Office for National Statistics, the uk economy`s fishing was $784 million in 2018. By comparison, the financial services sector was worth $132 billion. The UK wants to regain control of its own waters, while EU countries have been bearing the same access to British fishing grounds for decades as they have for decades. This system would lead the EU and the UK to a final fisheries agreement, which could open the door to compromises in other parts of the trade agreement, such as market access. For example, michel Barnier, head of the Task Force on Relations with the European Commission with the United Kingdom, said that the UK could gain access to EU markets if a level playing field was met. A fisheries agreement would pave the way for a level playing field for both sides, at least in fisheries markets. In addition, the EU has used access to its markets as leverage against the UK in negotiating fishing rights. However, this will no longer be necessary, which would give way to an agreement on the financial markets or duty-free access to the internal market. Both sides have given themselves some leeway. On the British side, the concept of zonal seizure is based on scientific data that the Department for Environment, Food and Rural Affairs has begun to calculate for the UK.  But there is rarely a precise answer to the question of what fish should do where – why the EU and