(6 years, 1 month ago)
Commons ChamberThere are at least 65 co-operatives in the fishing industry, which are worth more than £48 million at the moment. Would not one of the best ways to help boost the fishing co-operatives sector, which keeps profits in hard-pressed coastal communities, be to ensure a radical reform of the quota system, two thirds of which is held by just three opaque companies?
The hon. Gentleman makes an important point. As we leave the CFP, there is an opportunity to reallocate quota. We have already seen a reallocation, with a 13% uplift for the under-10 metre fleet under this Government. There is a crucial point to make: some of the quota that is necessarily allocated is allocated for the types of stocks—pelagic stocks—of which the under- 10 metre fleet, simply because of the nature of where those fish are found, would be poorly placed to take advantage. So he is absolutely right to say there is a case for reform, but a significant amount of quota could not, at this stage, be allocated in the way that he might suggest.