§ Mr. Teddy Taylorasked the Minister of Agriculture, Fisheries and Food if he will make a statement outlining the advantages which will accrue to the British fishing industry of securing a common fisheries policy within the EEC by comparison with the present situation.
§ Mr. Buchanan-SmithA settlement of the CFP would provide the United Kingdom fishing industry with a degree of certainty as to future prospects which would enable it to plan forward with much greater confidence and it would provide the means, in the form of grants for decommissioning and for modernisation of vessels, to adjust the fleet to fishing opportunities. Additionally, the more effective enforcement of catch limits and conservation rules that a settlement would make possible would benefit the industry in both the short and long term. I am convinced that a satisfactory settlement would be of great advantage to the fishing industry in the United Kingdom.