र
REVENUE.
By 1 March approximately £10 milion received in
licence revenue.
Costs currently estimated at £4 million.
Too soon to say how FIG will spend extra revenue.
ARGENTINA
See III for supplementaries on Argentine proposals
on fish.
Declared wish to avoid incidents in FICZ (press communiqué of 30 January 1987).
BRITISH ACTION CONTRIBUTES TO TENSION AND INCREASES
RISK OF INCIDENTS
-
Not so.
UK action in full accord with
international law. Fisheries jurisdiction limited to
FICZ, does not extend beyond FIPZ.
THE PUTURE
Objective, effective conservation and management
in 1987: arrangements ad hoc.
For 1988 aim for more long term arrangements. Licences for second half of year to be allocated.
Schedule of fees in preparation.
Preference multilateral arrangements.
BRITISH INTERESTS
British/Falklands interest accommodated.
Several UK flag vessels: also UK firms in joint
ventures with Far Eastern companies covering over 80
vessels.
Hope more British flag vessels next season.