The Argentine government has issued Decree 754/2021 which lowers fisheries export taxes, particularly referred to hake, shrimp and squid as long as they are processed in the country including added value, to the benefit of Argentine industry and labor.
Argentina is modifying some regulations regarding squid fisheries. According to Resolution 7 from the Federal Fisheries Council, all jiggers and trawlers involved in squid operations must have at least 20% of their catches processed on land.
Argentina has no interest whatsoever in fisheries conservation, Chair of the Falkland Islands Fishing Companies Association (FIFCA) Cheryl Roberts stated this week, and Director of Natural Resources John Barton believes an Argentine action aimed at undermining the Falklands fishery is likely to have a negative impact on their own fishery.