The fisheries in the UK contribute close to a half percent of the GDP with around 12,000 fishers working on the UK registered vessels. Fisheries is an important topic of discussion in the Brexit talks, and it is of great value to the UK and the EU. The Brexit transition period is reaching its deadline on 31 December, and the trade talks are in a deadlock. The UK has been sharing its waters with the fleet from France and other nations.
The UK has rejected the offer stating it inadequate, and it is pushing for 80% rights in the fishing revenue. The current proposition from both sides is far apart and keeps the two sides divided. It is believed that in case of an agreement, the UK will regain control of its waters, and it can ban continental fleets from them.
