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Brussels Deal to Boost Scottish Fishing Fleet

Sustainability Economics Politics +4 more

SCOTLAND, UK - The deal agreed in Brussels will be worth an additional 10 million next year to Scotland's whitefish and prawn fleets according to initial estimates.

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This will bring the total economic value of these fleets to Scotland's fishing industry to a total of around £210 million, said Scottish Fishing Secretary, Richard Lochhead..

Speaking as he left Brussels following the late conclusion of talks last night Mr Lochhead said: "The deal secured last night will increase the value of Scotland's whitefish and prawn stocks by around £10 million next year.

"This is an increase of almost five per cent on top of the current value of £200 million and will bring more economic stability not just to our fishing fleet but to the onshore sector and many in the coastal communities whose livelihoods depend on it.

"Coupled with decreasing fuel costs this will hopefully provide a bit of welcome respite from the more challenging economic conditions our fishing industry has been facing over the past few years."