Brexit Fishery Deal: €800million Loss for Irish Fishing Industry

Irish fishermen are bracing themselves for devastating losses as the new EU-UK Brexit fishery deal extends until 2038. The deal has sparked outrage among Irish fishing interests, who claim they have been repeatedly sidelined by Brussels. According to the Irish Fish Producers Organisation chief Aodh O'Donnell, the current EU quota allocations are disastrous for Ireland's coastal communities, with Belgian vessels benefiting from significantly higher quotas.

Key Takeaways:

• Irish fishermen will lose an estimated €800million in revenue by 2038 due to the EU-UK Brexit fishery deal.
• The current EU quota allocations are disastrous for Ireland's coastal communities, with Irish fishermen receiving less than 5% of the EU quota for sole fishing in the Celtic Sea.
• Belgian vessels will continue to fish Celtic Sea sole, benefiting from a staggering 87% of the total EU quota in that fishing zone.
• In the Irish Sea, Belgian fleets hold 59% of the EU quota, almost three times Ireland's 20% share.
• The extension of the current EU-UK fishery arrangements means 40% of the value of quotas transferred to the UK come from Ireland alone.
• Irish fishing interests have claimed they have been repeatedly sidelined by Brussels.
• The deal has already cost the Irish fishing industry €180million to date.

Statistics:

• Estimated €800million loss for Irish fishing industry by 2038.
• Belgian vessels receive 87% of EU quota for sole fishing in the Celtic Sea.
• Irish fishermen receive less than 5% of EU quota for sole fishing in the Celtic Sea.
• Belgian fleets hold 59% of EU quota in the Irish Sea.
• Ireland holds 20% of EU quota in the Irish Sea.
• 40% of the value of quotas transferred to the UK come from Ireland alone.
• Irish fishing interests have been forced to stop targeted sole fishing in the Celtic Sea.
• Estimated €180million loss for Irish fishing industry to date.

Sources:

• news@irishmirror.ie