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Alleviating the war’s impact on EU fisheries and aquaculture

MEPs will vote on a proposal for monetary compensation for the EU fisheries and aquaculture sectors for the disruption

MEPs will vote on a proposal for monetary compensation for the EU fisheries and aquaculture sectors for the disruption attributable to the Russian battle towards Ukraine.

Underneath the draft laws, member states can be allowed to make use of the European Maritime and Fisheries Fund (EMFF) to help EU fisheries operators, producer organisations and aquaculture operators whose actions have been jeopardised by the battle and whose financial viability is endangered by commerce and provide chain disruption. Based on MEPs, the processing sector also needs to profit.

Compensation would cowl not solely misplaced earnings but in addition further prices the sectors have incurred associated to cost will increase for gasoline, uncooked supplies and fish feed. The help would, in accordance with the proposal, characteristic a most co-financing charge of 75% and ought to be accessible retroactively from the beginning of the Russian invasion on 24 February. The proposal eases the principles relevant to present EMFF programmes in order that monetary assist is offered as quickly as potential.

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Process Code: 2022/0118(COD – Odd legislative process (ex-codecision process)

Vote: Wednesday 6 July



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