2018-08-30

In any case, Britain will find that, unless it is willing to continue sharing access to its waters, it will lose access to valuable foreign markets. Consider Norway, which as a non-EU member has control of its own waters. It nonetheless co-operates with the EU and other countries over fish quotas in 90% of them, in order to maintain its own fishermen's access to fisheries inside the EU.  Of the 700,000 tonnes of fish landed in Britain each year, some 500,000 is exported, two-thirds of it to the EU. Without a mutual deal, which would surely include giving European fishermen some access to British waters, those exports would face World Trade Organisation tariffs averaging some 12%.Of the 700,000 tonnes of fish landed in Britain each year, some 500,000 is exported, two-thirds of it to the EU. Without a mutual deal, which would surely include giving European fishermen some access to British waters, those exports would face World Trade Organisation tariffs averaging some 12%.

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