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WTO does not government fishing rights.
It's... complicated btw international fishing rights.
The idea the UK can just "take it back" after selling access seems unlikely to me though.
JWestland-
Indeed. The law of the sea, started by one of your people - Grotius. But my understanding remains that if we exit the agreement and return to a WTO relationship, existing agreements with the EU around fishing quotas will also be nullified. It's not an issue of "taking it back" but reverting to existing international norms/laws.
But that's just my understanding. I'm sure there's a maratime lawyer in here.
That's my understanding. WTO rules mean the UK gets back its territorial fishing rights. Unfortunately that's not really an industry that's going to make up for everything else lost.
If I was still teaching political science I'd use this in a game theory lesson and get my Nash equilibrium on.