Chamber and committees

I am pleased to confirm that an agreement was reached between the UK and the Faroe Islands on 1 March. This was the final in a suite of negotiations which have cumulatively provided over £600 million of fishing opportunities to Scottish fishers in 2024. The Scottish Government has been fully involved in the negotiations, with these talks highlighted as a key priority by many in our industry. This deal sees exchanges of quota and access for Scottish vessels into Faroese waters for species such as cod, haddock and saithe in 2024. The outcomes will provide additional opportunities and flexibility, enabling our larger whitefish vessels to divert their effort into Faroese waters, in turn putting less pressure on stocks in Scottish waters. This deal also provides a platform to continue to build on our already strong relationship with the Faroe Islands as we seek to manage our fish stocks sustainably. The signed Agreed Record can be found on the Scottish Government website: Summary - United Kingdom and Faroe Islands fisheries consultations: agreed record for 2024 - gov.scot (www.gov.scot) . .