Fisheries: Quotas
The question
To ask the Secretary of State for Environment, Food and Rural Affairs, if he will make an assessment of the potential merits of (a) limiting and (b) banning commercial trading of fishing licence quotas.
Answered by Daniel Zeichner
The Government is not planning any assessment on commercial trading of fishing licence quotas. Quota trading helps our fishing industry by allowing quota to flow to those who most need it. This helps maximise uptake and mitigate choke risks. It also provides important flexibilities for British businesses. For example, it allows fishermen to sell quotas when adverse weather, vessel failure or other problems mean quotas would otherwise go unused.
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