LONDON (Reuters) – The British government said it will introduce a bill into parliament on Wednesday for legislation to end automatic rights for European Union vessels to fish in UK waters.
Under the Fisheries Bill, Britain will leave the European Union’s Common Fisheries Policy at the end of the 11-month Brexit transition period on Dec. 31, giving it the power to operate as an independent coastal state.
The Department for Environment, Food and Rural Affairs said that would allow Britain to operate its fish stocks sustainably outside the EU.
“In future, access to fish in UK waters will be a matter for the UK to negotiate and we will decide on the rules that foreign vessels must follow,” it said in a statement.
Regaining control of Britain’s rich fishing waters, a totem for Brexit campaigners, may have repercussions for its much larger financial sector as the EU and Britain negotiate final departure plans.