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MEPs endorse assuaging penalties of struggle for EU fisheries and aquaculture | News | European Parliament


MEPs within the Fisheries Committee adopted their place on a Commission proposal to financially compensate EU fisheries and aquaculture hit by Russia’s struggle in Ukraine, unanimously with 24 votes.

The European Maritime and Fisheries Fund (EMFF), in response to the textual content adopted by MEPs, would assist firms whose fishing operations have been jeopardised by the struggle, and fisheries and aquaculture producer organisations and operators whose financial viability is threatened because of market and provide chain issues brought on by the Russian navy aggression. These embody an increase within the worth of vitality, uncooked supplies and fish feed. EU governments would be capable to use their remaining EMFF sources for the 2014-20 programming interval to handle the struggle penalties within the fisheries and aquaculture sector.

MEPs amended the proposal to increase the compensation additionally to these firms whose financial viability has been impacted by the battle and to the processing sector. 75% of co-financing from the Fund would cowl their misplaced revenue and extra prices brought on by disruption to provide chains after the beginning of the struggle on 24 February 2022.

Besides monetary compensation, member states would even be allowed to make use of the state support guidelines extra flexibly. This would allow them to arrange schemes to supply state support to fisheries and aquaculture firms affected by the disaster.

Quote

Following the vote, EP rapporteur Nuno Melo (EPP, PT) stated: “The report requires particular measures to alleviate the market disruption to the seafood provide chain brought on by the Russian aggression. The EU should take pressing motion to mitigate the impression of the struggle, and make sure the survival of firms and jobs within the fisheries and aquaculture sectors.”

Next steps

This draft negotiating place must be submitted to the plenary vote in July. Once Parliament as an entire has accepted it, MEPs shall be prepared to start out talks with EU governments on the ultimate form of the laws.

Background

In 2019, the EU fishing fleet totalled 73 983 vessels, offering direct employment to 129 540 fishers. Aquaculture employs round 75 000 individuals, with the processing trade comprising round 3 500 firms. Fuel costs are stopping fishing operators from breaking even and the shortage of marine gas retains many vessels in port. Furthermore, there’s a lack of adequate options for species resembling Alaska pollack and Russian cod and the dearth of vegetable oil is inflicting critical difficulties for the canning trade.

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