The UK fishing industry will gain over 2,000 tonnes of fishing opportunities in Faroese waters for 2025, following successful annual negotiations with the Faroe Islands.
The deal, valued at approximately GBP 5 million based on historical prices, gives UK fishermen access to a variety of species including 880 tonnes of cod and haddock, 575 tonnes of saithe, as well as redfish, blue ling, ling, flatfish and other species.
As part of the deal, both parties have also committed to establishing a new joint Compliance Forum to enhance monitoring, control and surveillance practices.
“This agreement concludes the UK’s fisheries negotiations for 2025 and will see our fleet ready to take advantage of the quotas secured through these key negotiating forums,” said Fisheries Minister Daniel Zeichner said.
“This government will always stand up for the British fishing industry, supporting our coastal communities through a sustainable and economically successful fishing sector.”
The Faroese deal follows the conclusion of negotiations with the EU, Norway and other coastal states at the end of 2024.
Combined with other agreements, the UK fleet has secured fishing opportunities totalling 750,000 tonnes for 2025, with an estimated value of GBP 960 million based on historical landing prices.
The UK negotiates annually with the Faroese government under the UK-Faroe Islands fisheries framework agreement, which includes exchanges of quota and broader fisheries management measures.
