Ministers finalise £100m post-Brexit package to revive British fishing fleet

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Ministers finalise £100m post-Brexit bundle to revive British fishing fleet so it might land catches usually taken by the French and Dutch

  • Ministers are finalising plans for a £100million post-Brexit fishing bundle
  • The scheme was promised final month as the federal government confronted criticism 
  • Fisherman stated it compromised on essential points to lastly safe a commerce deal

Ministers are finalising plans for a £100million post-Brexit bundle to revive Britain’s fishing fleet to assist land catches usually taken by France and the Netherlands. 

The scheme was promised final month as the federal government confronted criticism by fisherman that it had compromised on essential points to lastly safe a commerce cope with the EU.  

It’s thought that beneath the plans, British crews will have the ability to increase their fleet inside a five-and-a-half 12 months transition window to catch species that have been historically solely sought by French and Dutch groups, The Times reviews.  

The processing business will even be expanded to verify there may be sufficient capability to land the extra fish, reviews say.  

Ministers are finalising plans for a £100million post-Brexit package to revive Britain's fishing fleet to help land catches normally taken by France and the Netherlands. Pictured: Fishing boats at the fishing port at Bridlington Harbour in Yorkshire

Ministers are finalising plans for a £100million post-Brexit bundle to revive Britain’s fishing fleet to assist land catches usually taken by France and the Netherlands. Pictured: Fishing boats on the fishing port at Bridlington Harbour in Yorkshire

This map shows the extent of the UK's Exclusive Economic Zone - the waters Britain controls after Brexit

This map reveals the extent of the UK’s Unique Financial Zone – the waters Britain controls after Brexit

A authorities supply stated Chancellor Rishi Sunak had mentioned the plans with Boris Johnson earlier than the Brexit deal had been agreed.

The supply stated: ‘We took the view that the fishing fleet wanted to be rebuilt to reap the benefits of the brand new entry… We wanted to take a position much more into it if we have been truly going to have the ability to catch the fish that we are going to be entitled to.

‘Rishi stated, ”Sure we will do this. The Treasury can discover the cash to assist.” ‘

The commerce deal struck with Brussels permits the European Union to maintain 75 per cent of the worth of what it catches in British waters, whereas 25 per cent should be returned to British fisherman by way of the transition section. 

Four Naval ships, including HMS Tamar (pictured leaving Portsmouth on New Year's Eve), were sent into the English Channel to put a stop to illegal fishing on UK fishing grounds hours before the terms of the new Brexit trade deal came into force

4 Naval ships, together with HMS Tamar (pictured leaving Portsmouth on New 12 months’s Eve), have been despatched into the English Channel to place a cease to unlawful fishing on UK fishing grounds hours earlier than the phrases of the brand new Brexit commerce deal got here into pressure

Boats from France and the EU can still fish in British water but over the next five-and-a-half years a quarter of their quota will be handed over to the UK. Pictured: HMS Tamar leaving Portsmouth on New Year's Eve

Boats from France and the EU can nonetheless fish in British water however over the following five-and-a-half years 1 / 4 of their quota shall be handed over to the UK. Pictured: HMS Tamar leaving Portsmouth on New 12 months’s Eve

Britain will have the ability to reduce quotas or exclude boats in a 6-12 nautical mile zone from summer time 2026.   

The information comes because the Royal Navy despatched 4 warships into the English Channel to warn French trawlers to avoid British fish amid the Brexit deal coming into pressure. 

Hours earlier than the deal took impact on New 12 months’s Day the boats, armed with cannons and machine weapons, left Portsmouth to place a cease to any unlawful fishing in UK fishing grounds. 

The £100million ship HMS Trent led the mission, flanked by HMS Tamar, HMS Tyne and HMS Mersey – all of which have been assigned to guard the brand new fishing rights agreed within the commerce deal. 

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