Economic Tide: Irish Fishing Villages Brace For Harsh Times Post COVID-19
Fish landings, processing and ancillary industries have long played a pivotal role in peripheral Irish communities.
With Brexit now active and quotas swiftly being reallocated, the Irish fishing industry is weighing up potential losses under the agreed transfer of quota shares. According to the Department of Agriculture, Food and Marine (DAFM), the Republic of Ireland (ROI) will lose an estimated €43m ($52.3m) or 15% of its quotas by 2026.
Under the newly signed EU-UK Trade and Cooperation Agreement, the UK's Total Allowable Catch (TAC) for...
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