Minister for Marine Charlie McConalogue is expected to present a memo on the Government’s seafood task force report to Cabinet this week.
Mr McConalogue is requesting that the Cabinet notes the report, while he awaits a review on its recommendations.
The task force report, published in early October, is recommending just over €423 million be given to the Irish fishing industry to help weather the impact of Brexit.
Highlights include awarding €66 million for a whitefish decommissioning scheme, €6 million to reduce the inshore fleet, and €3.7 million to remove inactive or off-register inshore vessels.
It also recommends €90 million for seafood processors, and a series of short term measures, including a €12 million annual tie-up of polyvalent vessels over two years.
It recommends an €8 million liquidity scheme for the pelagic sector, support for scallop vessels and vessels hit by exclusion from the Rockall squid fishery, and investment in aquaculture.
It also recommends investment in small scale public marine infrastructure, community-led local development, inshore marketing and processing capital.
"Its final report says the Irish seafood sector is “in the eye of the storm”
The proposed whitefish decommissioning scheme aims to remove 60 vessels of around 8,000 GT and 21,000 Kw at a premium of up to €12,000 per gross tonne, including “appropriate” payments to crew and scrapping costs.
The taskforce report was established by McConalogue earlier this year to examine the implications of the EU/UK Trade & Cooperation Agreement (TCA) for the fishing industry and coastal communities.
Its final report says the Irish seafood sector is “in the eye of the storm”.
It says that the end of the Brexit withdrawal period has brought about the biggest change and disruption in EU-British relations in 50 years, across all aspects of trade and society.
The Irish fleet has lost access to 15% of its annual quota, including stocks of prawn, monkfish, and haddock, while Brexit has also hit Ireland’s €80m worth of seafood exports to Britain.
It says Irish seafood imports from Britain, valued at €219 million in 2018, have been disrupted, while vital seafood export routes, primarily the ’land-bridge’ via Britain, have been curtailed.
It also says established Irish/British links at scientific and policy levels in EU and ICES have been lost.
The task force has met 14 times and received 72 submissions from its members, and a further 27 through public consultation, since it began meeting last March.
An interim report published in June recommended establishment of a voluntary, temporary cessation scheme running to December 2021 as a first step.