EUNewsTrade and Markets
Belgium: EU Member Countries disagree on enforcement of EU ban on Russian seafood
Many Russian products continue to be imported into the EU, including many fish and seafood products,…
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eu
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Macroalgae aquaculture needs to be expanded This article was featured in Eurofish Magazine 3 2024 Many macroalgae (seaweed) and some of their constituent parts are edible.…
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After five years of discussions, the European Parliament and the European Council have agreed on and formally approved a deal in which rules on monitoring and control of fishing activities,…
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FisheriesNetherlandsNews
Netherlands: Low self-sufficiency in fishery and aquaculture products adds to EU’s seafood costs
by EurofishThis impressive paella chart holds 65% of seafood imported from outside the EU. The EU imports 65% of the seafood it consumes,… -
Greenland concluded negotiations with the EU for a new Sustainable Fisheries Partnership Agreement (SFPA) that will strengthen cooperation between the two partners for the next four years with the possibility of a two-year extension. The agreement is an important milestone in the long-standing bilateral cooperation between the two in fisheries and renews the commitment to promoting the sustainable use of marine resources. Financially, this is the third most important agreement in place for the EU and will allow the EU fleet (12 large-scale trawlers) to continue fishing in Greenland waters for at least the next 4 years while continuing to contribute to the development of the fisheries sector in Greenland.
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The latest Annual Economic Report on the EU Fishing Fleet has been released showing a profitable fishing fleet in 2020, despite the effects of COVID-19. In 2008, the EU fishing fleet was barely breaking even and ten years later it registered a net profit of EUR 800 million. This significant progress was the result of higher average fish prices, lower fuel costs, and improved stocks of important species. This trend continued into 2019. The COVID-19 outbreak in 2020 interrupted the trend with estimates suggesting that the economic performance of the EU fleets decreased by 17% in landed value, 19% in employment and 29% in net profits compared to 2019. Despite the impact of COVID-19, projections indicate that the EU fleet is resilient and would end 2020 with a reasonable level of profitability as a result of the efforts made by the sector in the previous years. This includes fishing to the maximum sustainability yield combined with low fuel prices.
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A Sisyphean task for fisheries management This article was featured in EUROFISH Magazine 6 / 2020. Compliance with fishing quotas and implementation of fisheries regulations requires constant monitoring and control and it was to this end that the Community Fisheries Control Agency was set up as the supreme authority in the EU. Although it is relatively small the agency has to carry out a wide range of tasks. Despite its numerous achievements there seems to be no end to the criticism raining down on the group with regard to the effectiveness of the controls. Why do a lot of things work better in Norway or Iceland?