Article 1 
1. The position to be adopted on behalf of the Union in the annual consultations with the United Kingdom on fishing opportunities for shared stocks , including deep-sea stocks, under Article 498 of the Trade and Cooperation Agreement between the European Union and the European Atomic Energy Community, of the one part, and the United Kingdom of Great Britain and Northern Ireland, of the other part (the ‘Trade and Cooperation Agreement’) is set out in the Annex to this Decision. 2. The specification of the Union’s position, as referred to in paragraph 1, shall be conducted on an annual basis in accordance with Article 2.
Article 2 
1. The regular and full involvement of the Council throughout the annual consultations shall be ensured by means of extensive coordination and cooperation between the Council and the Commission. 2. Before the start of and throughout the annual consultations with the United Kingdom, the Commission shall take the steps necessary to ensure that the position to be expressed on behalf of the Union takes account of the latest scientific advice and other relevant information available, in accordance with the principles and orientations set out in the Annex. The position shall be reflected in the written record documenting the arrangements made between the Union and the United Kingdom resulting from the consultations under Article 498 of the Trade and Cooperation Agreement. 3. To this effect, the Commission shall send to the Council, sufficiently in advance of the annual consultations and, where necessary, in the course of those consultations, a written document, based on the advice and information referred to in paragraph 2, setting out the particulars of the proposed specification of the Union’s position for discussion and endorsement of the details of the position to be expressed on the Union’s behalf. The Council shall remain seized of the matter throughout the process, and the Commission shall send to the Council, in sufficient time before signature of the written record referred to in paragraph 2, the Union’s position for approval of the detailed results of the annual consultations. 4. The process referred to in this Article shall include in situ coordination meetings, presentations, debriefings and discussions, and the full involvement of national delegations in the annual consultations, including as part of the Union delegation, and, when needed, in technical meetings. 5. If, in the course of the annual consultations, it is impossible for the Union to reach an agreement with the United Kingdom, and in order for the Union’s position to take account of new elements, the Commission shall refer the matter to the Council. 6. If, after the conclusion of the annual consultations, it is appropriate to amend the TACs in the year or years for which they were agreed, the Commission shall, in sufficient time and on the basis of the latest scientific and other relevant information and in accordance with the principles and orientations set out in the Annex, submit to the Council a new written document setting out the particulars of the proposed specification of the Union’s position regarding such amendment, for discussion and endorsement of the details of the position to be expressed on the Union’s behalf, before the signature of a written record.
Article 3 
This Decision shall apply until 30 June 2027. It shall be assessed as necessary and, where appropriate, revised by the Council upon a proposal from the Commission. A review shall in any event take place by 30 June 2023.
Article 4 
This Decision shall enter into force on the date of its adoption.