UK-EU Trade and Cooperation Agreement: Cost Benefit Analysis

(asked on 13th October 2021) - View Source

Question to the Department for Environment, Food and Rural Affairs:

To ask Her Majesty's Government whether they will publish the latest cost-benefit analysis of the impact of the UK–EU Trade and Cooperation Agreement on (1) the UK fishing industry, and (2) coastal communities.


Answered by
Lord Benyon Portrait
Lord Benyon
Minister of State (Foreign, Commonwealth and Development Office)
This question was answered on 1st November 2021

The UK now has greater shares of fishing quota under the Trade and Cooperation Agreement (TCA), and more fishing quota available than last year. The total value of EU-UK fishing opportunities for the UK in 2021 is approximately £333 million – an increase of around £27 million on last year.

The Marine Management Organisation has recently published analysis of the quota share uplifts gained during the TCA. In November, the Government will publish a summary of UK fishing opportunities in 2021, which is the outcome of both the TCA quota share uplifts and the annual fisheries negotiations.

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