§ Lord Pearson of Rannochasked Her Majesty's Government:
Which member states will benefit principally from the recent fisheries agreement signed between the European Union and the Seychelles.
Lord LucasThe principal beneficiaries from the fisheries agreement between the EC and the Seychelles will be France and Spain.
§ Lord Pearson of Rannochasked Her Majesty's Government:
How much the European Union is paying to the Seychelles as part of the recent fisheries agreement and what proportion of that sum will be met by the UK taxpayer.
Lord LucasThe agreement is estimated to cost a total of 9.9 MECU (approximately £8.3 million) over its three-year life. The UK contribution to this expenditure will be around 15 per cent.