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<p>HM Government is committed to sustainable fishing and the principle of Maximum
Sustainable Yield (MSY) as set out in the 25 Year Environment Plan and our Fisheries
White Paper.</p><p> </p><p>The draft Joint Fisheries Statement (JFS) included a list
of proposed Fisheries Management Plans (FMPs) around the UK with a timetable for their
publication. FMPs will be evidence-based action plans developed with fishermen and
stakeholders to deliver sustainable fisheries for current and future generations.</p><p>
</p><p>The £100 million UK Seafood Fund (UKSF) is being used to reform and modernise
infrastructure, encourage new entrants to the industry and ensure the best science
research and technology is used in fisheries management. One of the key objectives
of the Fund is to enable an environmentally sustainable fishing industry that gives
most value for money and reflects the long-term needs of the sector.</p><p> </p><p>In
addition to the UKSF, HM Government delivers an annual investment of £32.7 million
to support the fishing and seafood sectors and protect the marine environment. Funding
is divided between each of the four fishing administrations and is designed to deliver
grant funding schemes, support evidence gathering and protect our waters. The Fisheries
and Seafood Scheme invests at least £6 million annually to help support the long-term
sustainability, resilience, and prosperity of the seafood sector in England. Funding
across the UK has been secured every year until April 2025, providing long term investment
to the sector.</p>
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