According to figures published by Ireland’s Department of Agriculture, Food and the Marine, the quota share for herring caught in the Irish Sea cloud be cut by a staggering 96 percent. This comes after Boris Johnson signed a historic Brexit trade deal last month.
The new report also found there would be a 26 percent reduction in the western mackerel quota share, which is Ireland’s largest fishery.
Other notable reductions are in hake (three percent in Celtic Sea) and haddock (11 percent in Celtic Sea, 16 percent in the Irish Sea, 22.6 percent at Rockall).
Megrim would also be down by eight percent in the Celtic Sea and 19 percent in the West of Scotland.
Plus anglerfish/monkfish will also see a reduction by seven percent in the Celtic Sea and 20 percent in the West of Scotland while pollack will be dropped by eight percent.
Overall, the final quota transfer by Ireland after five years is estimated to be around €43million amounting to a 15 percent reduction.
But while Ireland faces a fishing crisis, Brexiteers will be overjoyed as the UK has “taken back control” of its waters.
Last year, Mr Johnson vowed to “take back control” of British fisheries and become an “independent coastal state”.
Mr Johnson told MPs: “We will become an independent coastal state again and we under no circumstances repeat the mistake of the government in the 1970s which traded our fisheries away at the last moment in the talks.
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The CFP allowed vessels from EU member states to access British waters and imposes strict catching quotas.
Fishing was one of the main reasons why Brexit negotiations were gridlocked last year.
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7.40am update: PM attacked by Scottish fishing industry
This week the Prime Minister and his Government were accused to sabotaging the Scottish fishing industry with the trade deal.
Scottish Whitefish producers association CEO Mike Park said: “We are pleased now that we are a sovereign coastal state and hopefully after five years we can make some adjustment.
“But the deal we have been dealt, in terms of the next five years has been absolutely atrocious.”
Mr Mark also accused Mr Johnson and Michael Gove of misleading the public on how good the fishing deal is.
7.30am update: Johnson suggests Scottish fishing businesses to receive compensation
Yesterday, Mr Johnson suggested some fishing businesses in Scotland would receive compensation as he defended the post-Brexit trade deal he struck with the EU on Christmas Eve.
When asked why some of the Scottish fishing fleet was tied up, rather than out fishing, Mr Johnson told the Commons Liaison Committee: “I understand very much the frustrations of… the fishing community and fishermen and women who are facing what I believe are temporary frustrations. In so far as there are delays caused by a variety of problems, we will compensate those fishing businesses.
“But there is a massive opportunity for Scotland and for the whole of the UK with the increase in quota that we get from the deal (with the EU).”
The Scottish Seafood Association (SSA) said they welcome the pledge of compensation from the Prime Minister.
SSA chief executive Jimmy Buchan said: “We welcome Boris Johnson’s unequivocal promise of compensation for fisheries businesses affected by the nightmarish bureaucratic hurdles that have been erected since 1st January.
“This is just what we have been calling for in numerous meetings with government officials over the past few days.
“We now look forward to engaging with the Government on the detail of the package on offer and working with both the UK and Scottish governments to clear the path for exports to resume as normal.”