France’s Minister for the Sea Annick Girardin has announced that aid measures for the fishing and seafood industry to compensate for Brexit-related losses of revenue are now live.
Two compensation schemes have been opened and will run to the end of August, designed to assist companies in coping with a series of crises and significant structural changes to the industry.
According to the Ministry of the Sea this reaffirms its support for fishing and fish trading companies suffering the consequences of Brexit.
Compensation relates to companies dependent on resources shared with UK, Faroese or Norwegian waters which have encountered difficulties in gaining access to certain fishing areas, and companies supplying seafood products sourced from fisheries in UK, Faroese or Norwegian waters.
A budget of 20 million euros has been allocated to these two compensation schemes.
France’s Minister for the Sea Annick Girardin