Markets access is essential, says Scottish Government report

New research suggests that Brexit could cause significant harm to Scotland’s seafood industries if the UK does not remain in the single market and the customs union. The study commissioned by the Scottish Government to understand possible impacts on the seafood sector examined hypothetical scenarios for the UK’s exit from the European Union including changes to fishing quota shares and the impact of different types of international trade on the industry.

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New Far East factory venture secures extra quota

The new Russian Pollock factory, a joint venture between The Russian Fishery Company (RFC) and the DV Invest, will net an additional 14,500 tonnes of pollock and herring quotas once it is operational. The factory, due to be built in the Nadezhdinskaya priority development territory near Vladivostok, represents an investment of $12-15 million.

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