(4 years, 6 months ago)
Lords ChamberMy Lords, I am grateful to the noble Lord, Lord Teverson, for raising this issue again, following our debate in Committee. It is a fundamental issue, which deserves more attention. Who owns the resources in our coastal waters? How can it be that, once a quota of fish is issued, it seems to be owned indefinitely by mainly foreign vessels?
As the noble Lord said, there is a strong argument that, when we become an independent coastal state, the ownership of those resources, including the fish, should be returned to the nation. What we do with them then should be the subject of a new consensus, with new timescales and obligations, and with the ultimate right of the UK to take back control of those resources. This would obviously be subject to a new devolved settlement, so that the rights to the resources were properly shared. Some noble Lords seem to feel that that is quite a complicated argument, but, personally, I think that it is fairly straightforward.
As the noble Lord is right to say, we should be more ambitious about the opportunities that could flow from our independence. If we were writing a new plan for UK fishing, we certainly would not start from here, with all that existing baggage.
I agree with my noble friend Lord Hain that a no-deal Brexit would of course be disastrous, not only for the fishing sector but for all other trade sectors in the UK.
We will explore in other amendments what we need to do to revitalise the UK fishing sector. In the meantime, it is useful to put on record our belief that fish stocks are a public asset and should be owned by the nation. I look forward to the Minister’s response.
Shall we try again to see if we can get the noble and learned Lord, Lord Mackay of Clashfern? Lord Mackay, are you there?