Article 33 Principles and objectives of management of stocks of common interest to the United Kingdom and third countries and agreements on exchange and joint managementF6

Where stocks of common interest are also exploited by third countries, F1F2the Secretary of State must engage with those third countries with a view to ensuring that those stocks are managed in a sustainable manner that is consistent with this RegulationF3.... Where no formal agreement is reached, the Secretary of State must make every effort to reach common arrangements for fishing of such stocks with a view to making the sustainable management possibleF4....

In order to ensure a sustainable exploitation of stocks shared with third countries and to guarantee stability of the fishing operations of its fleets, F5a fisheries administration must, in accordance with UNCLOS, endeavour to establish bilateral or multilateral agreements with third countries for the joint management of stocks, including the establishment, where appropriate, of access to waters and resources and conditions for such access, the harmonisation of conservation measures and the exchange of fishing opportunities.