Cable Forum - View Single Post - UK & EU Agree Post-Brexit Trade Deal

**Chris** · 05-12-2020, 12:14

The fishing permit situation is complex, however the EU's regulatory regime did its fair share in making it much more attractive for British fishermen (mostly English as it happens) to sell their quotas. Cod fishing was all but banned for several years and a lot of the quota was consequently sold off by trawler owners who needed to concentrate on making a living there and then. It was bought speculatively by large fishing businesses in other EU states. Not being small owner-operators of individual vessels, these businesses could afford to make the long-term investment and wait for cod stocks to recover, in a way small UK-based operators could not. They are now the ones cashing in on so much of the fish caught within the UK's exclusive economic zone.

05-12-2020, 12:14	#4709
Chris Trollsplatter Join Date: Jun 2003 Location: North of Watford Services: Humane elimination of all common Internet pests Posts: 38,201	Re: Brexit-Transitional Period Ends 31/12/20 The fishing permit situation is complex, however the EU's regulatory regime did its fair share in making it much more attractive for British fishermen (mostly English as it happens) to sell their quotas. Cod fishing was all but banned for several years and a lot of the quota was consequently sold off by trawler owners who needed to concentrate on making a living there and then. It was bought speculatively by large fishing businesses in other EU states. Not being small owner-operators of individual vessels, these businesses could afford to make the long-term investment and wait for cod stocks to recover, in a way small UK-based operators could not. They are now the ones cashing in on so much of the fish caught within the UK's exclusive economic zone.