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Canarias is an archipelago of the Atlantic Ocean that forms a Spanish autonomous community with the status of a historical nationality

The Canary Islands grants aid for EUR 8 million to offset extra costs in production and commercialization of fisheries

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Wednesday, May 15, 2019, 11:10 (GMT + 9)

The Ministry of Agriculture, Livestock, Fisheries and Water of the Government of the Canary Islands has approved the provisional granting of subsidies to compensate for the extra costs in production and marketing assumed by the Canarian fishing and aquaculture operators derived from constraints such as the remoteness and insularity of the Archipelago. This aid from the European Maritime and Fisheries Fund (EMFF) amounts to EUR 8.3 million and benefits some 150 companies and professionals of the Archipelago.

The processing of this call began at the end of 2017 and covers ten different lines of assistance related to production and marketing of products from extractive fishing and aquaculture, corresponding to the years 2015, 2016 and 2017.

EMFF funds have a budget of 6,400 million Euros until 2020►

These funds are compensations for territorial fragmentation and the distance of the Islands from the continent, aimed at defraying part of the extra costs assumed by Canarian fishermen and marketers as a consequence of this situation, which affects their competitiveness.

With respect to aquaculture production, the amount allocated to the 11 beneficiaries, which produced a total of 6.8 tonnes, is EUR 1.4 million. In the same aquaculture subsector, six entrepreneurs who ship by sea a total of 4.4 tons, will receive EUR 912,000 as compensation. The beneficiaries of this call in their section on air marketing (a total of 1.9 tons) correspond to EUR 696,000.


89% of the funds are manage by the member states

With respect to artisanal fishing, 104 applicants receive this aid. The production exceeded 8 tons and the beneficiaries will share EUR 695,336. To compensate the costs added to inter-island commercialization, 100,800 euros are allocated to three operators, while three others, which sold 3.3 tons, have a total of EUR 96,000.

This measure of the European Maritime and Fisheries Fund also includes compensation for the frozen maritime commercialization of artisanal fisheries (EUR 304,500); air marketing (EUR 2 million); industrial production (EUR 1.2 million); and the commercialization of this industrial fishing production (EUR 833,740).

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