Irish €20 million Brexit sustainable aquaculture growth scheme

Irish €20 million Brexit Sustainable Aquaculture Growth Scheme. Ireland’s Minister for Agriculture, Food and the Marine, Charlie McConalogue, has announced approval for a scheme which will provide €20 million in funding for capital investments to accelerate the sustainable growth of the Aquaculture Sector. The scheme is based on a recommendation of the Seafood Task Force which was established by the Minister to assess the impacts of Brexit and the Trade and Cooperation Agreement on the fishing sector and coastal communities. The Seafood Task Force recommended the aquaculture sector be provided with support for its development in order to mitigate against the collective negative impacts across sectors of the seafood industry. This scheme is proposed for funding under the Brexit Adjustment Reserve (BAR). This scheme aims to mitigate the adverse economic and social consequences of the withdrawal of the United Kingdom from the Union on seafood processors adversely affected by loss of ...