Falkland Islands: Fisheries Exports Tariffs Debate
Full Debate: Read Full DebateLord Hunt of Wirral
Main Page: Lord Hunt of Wirral (Conservative - Life peer)Department Debates - View all Lord Hunt of Wirral's debates with the Northern Ireland Office
(1 day, 15 hours ago)
Lords ChamberTo ask His Majesty’s Government what steps they are taking, as part of the UK–EU relationship reset, to secure the removal of tariffs on fisheries exports from the Falkland Islands.
My Lords, we fully recognise the challenges that these tariffs pose for the Falkland Islands. These tariffs stem from the fact that the Brexit deal reached under the previous Government does not cover the overseas territories, and the EU has been clear that it is not willing to reopen the fundamental terms of that deal. The UK and Falkland Island Governments have been working together on seafood exports, including securing US Government agreement to consider reducing US tariffs on Falklands exports.
I am very grateful to the Minister because she recognises how important the income from the fishing industry is for the Falkland Islands, given that 63% of its income comes from fishing. Will she ensure that their next meeting under the UK -EU reset will include this item, demonstrating the UK’s credibility and consistency in promoting free and fair trade across the globe?
I thank the noble Lord for his question. He is right on the importance to the Falkland Islands economy; it is key. Over 90% of their fishing exports are sold to the European Union, and €15 million-worth of tariffs is having a genuine effect on their economy. One of the reasons we are in this place is because the previous deal on Brexit, negotiated by the Conservative Party, explicitly ignored the British Overseas Territories. That means that we are having to do this through soft power and ongoing relationships, which is why the EU-UK reset is so important and we are seeing some of the fruition of it with Macron’s visit here today. We are doing what we can. We will continue to work closely with the Falkland Islands Government to do what we can to help and protect their economy.