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Montevideo, November 14th 2018 - 04:45 UTC

Falklands celebrating 30 years of the Fishery that transformed the Islands

Friday, October 28th 2016 - 14:28 UTC
Full article 78 comments
The fishing industry accounts for 40% of the Falkland’s Gross Domestic Product, which, said Mr John Barton was “considerable progress in 30 years”. The fishing industry accounts for 40% of the Falkland’s Gross Domestic Product, which, said Mr John Barton was “considerable progress in 30 years”.
MLA Phyl Rendell said this was, a “fantastic moment for the Fishery. When you look around the town nearly everything has been built on what we call fish or squid money.” MLA Phyl Rendell said this was, a “fantastic moment for the Fishery. When you look around the town nearly everything has been built on what we call fish or squid money.”
MLA Summers said that Falklands had about a quarter of the total revenue from fisheries in its reserves. So, as a country, a substantial proportion of this revenue has been saved for the future. MLA Summers said that Falklands had about a quarter of the total revenue from fisheries in its reserves. So, as a country, a substantial proportion of this revenue has been saved for the future.
Over the 30 years, the fishing industry has contributed to the economy of the Falkland Islands with £564 million of Licence Revenue collected by the Fisheries Department since 1987 Over the 30 years, the fishing industry has contributed to the economy of the Falkland Islands with £564 million of Licence Revenue collected by the Fisheries Department since 1987

The Falklands Islands are recalling a milestone decision for the development and transformation of the economy of the country. On October 29, 1986 a Proclamation declaring the Interim Falklands Conservation and Management Zone was signed by Governor Gordon Jewkes. Director of Natural Resources, John Barton pointed out at a presentation on Wednesday evening to mark 30 years of Falkland Fisheries.

 Over the 30 years, the fishing industry has contributed hugely to the economy of the Falkland Islands with £564 million of Licence Revenue collected by the Fisheries Department since 1987. £305 million of this was due to Illex alone, with Loligo contributing another £152 million.

MLA Mike Summers said at the Legislative Assembly that the Falklands had about a quarter of that total revenue in its reserves. So, as a country, a substantial proportion of this revenue has been saved for the future.

The fishing industry accounts for 40% of the Falkland’s Gross Domestic Product, which, said Mr Barton was “considerable progress in 30 years”.

At the last Legislative Assembly session, MLA Phyl Rendell said this was, a “fantastic moment for the Fishery.

“The proclamation gave control of waters around the Falklands; we were able then to manage fish stocks and prevent the uncontrolled fishing that went on in the 1970s and into the 80s, she said, adding, “When you look around the town nearly everything has been built on what we call fish or squid money.”

Mr Barton speculated about how the little-known Sino-Argentine Squid War of 1986 involved the sinking of a squid fishing vessel, and may have speeded up the introduction of the FICZ (Conservation Zone).

Barton highlighted the co-operation between the Falklands and Argentina over conservation of fish stocks around the Patagonian Shelf. The co-operation lasted about 15 years, but the Argentines suspended their engagement with the process from around 2005.

The total tonnage of Illex caught over the years is 3.7 million, and of Loligo 1.6 million; this would fill about 57,000 shipping containers.

He estimated that the annual fishing catch was worth over £225 million to the fishing companies. More events are planned in 2017, to mark the anniversary of the start of licenced fishing. (Penguin News).

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  • Marti Llazo

    Voice wonders, a bit unconsciously, “ Is it my UK tax money supporting Tierra del Fuego now...?”

    And the answer of course is yes, and for quite some time. Because of the EU, millions of pounds from the UK are provided to Argentine national coffers which in turn pay the subsidies in Argentine Tierra del Fuego. And this issue of course is one of many that convinced the good voters to leave the EU.

    Oct 29th, 2016 - 02:44 pm +8
  • Marti Llazo

    The UK annual defence budget allocated for protection of the Falklands is a great deal less than what Argentina spends each year on signs found on its public transport and frontier crossings which (falsely and futilely) proclaim “Las Malvinas son argentinas.”

    Oct 29th, 2016 - 03:27 am +7
  • Marti Llazo

    Marquitos: “ “The decline of Falkland Islands penguins ..... 2002”

    (There was a short term algae bloom in the islands in 2002. And algae blooms are suspected in the near-ruin of some of Chile's fisheries this year: “ Chile's 'Worst Ever' Toxic Red Tide is Killing the Fishing Industry” - http://www.nbcnews.com/news/latino/chile-s-worst-ever-toxic-red-tide-killing-fishing-industry-n575381 )

    “ Gentoos top the penguin charts as seabirds return in record numbers....2009 ..... Gentoo penguins are returning to the Falklands in record numbers, after their best breeding season in more than ten years. ”

    http://www.nbcnews.com/news/latino/chile-s-worst-ever-toxic-red-tide-killing-fishing-industry-n575381

    Oct 29th, 2016 - 12:47 pm +7
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