The economic importance of the fishery in the exclusive economic zones of the United Kingdom, Norway and the Faroe Islands for Danish fisheries in 2016, 2017 and 2018

• Main Authors: Hoff, Ayoe, Andersen, Jesper Levring, Andersen, Peder
• Format: Other/Unknown Material
• Language: English
• Published: 2019
• Subjects: Faroe Islands; Norway
• Online Access: https://curis.ku.dk/portal/da/publications/the-economic-importance-of-the-fishery-in-the-exclusive-economic-zones-of-the-united-kingdom-norway-and-the-faroe-islands-for-danish-fisheries-in-2016-2017-and-2018(cfb7ae6c-24af-4db8-9f48-e2ad9d1935d9).html; https://curis.ku.dk/ws/files/215465957/IFRO_Report_285.pdf

In 2017, the Department of Food and Resource Economics carried out an analysis of the possible economic consequences following the decision by the United Kingdom to leave the European Union, cf. Andersen, Andersen, Hoff and Ståhl (2017). The analysis was based on data until 2016. In order to update the analysis from 2017, this report describes the current situation for the Danish fishery with focus on the fishery in the exclusive economic zone of the United Kingdom (UK-EEZ) based on the latest available data from 2016, 2017 and 2018. Furthermore, a description of the importance of the Danish fishery in the exclusive economic zones of Norway (NOR-EEZ) and the Faroe Islands (FRO-EEZ) are also included. The current fishing agreements between the European Union and Norway/the Faroe Islands give the fishermen from these countries access to the UK-EEZ as part of the EU-EEZ. However, this may not be the case in the future, depending on the agreements with the United Kingdom. It must be noted that any possible consequences with respect to access for EU27 vessels to Norwegian and/or Faroese waters will not be automatic. Norway and/or the Faroe Islands would have to initiate negotiations with the EU to find a solution, and it must be stressed that an outcome where Brexit will have consequences for EU access to Norwegian and Faroese waters must be seen as a worst case scenario. The presented tables cover the years 2016, 2017 and 2018. The year 2016 was the last year available in Andersen, Andersen, Hoff and Ståhl (2017), and updated 2016 figures are included in the current report in order to make a useful link to the previous analysis. The approach and methods used in the current report are the same as in Andersen, Andersen, Hoff and Ståhl (2017). This report is divided into two sections. In the first section, the Danish fishing activities in the exclusive economic zones of the United Kingdom, Norway and the Faroe Islands are described. The second section considers the economic consequences for the Danish fishery, if ...