Global Trade Alert
Global Trade Alert

France: Second budget increase of production subsidy scheme for fishing companies to compensate for the higher fuel prices following the Russian invasion of Ukraine (SA.111392)

Announcement

18 Jan 2024

In January 2024, the European Commission approved the budget increase of a French production subsidy scheme to support the fisheries sector in the context of high fuel prices following the Russian invasion of Ukraine.

Source

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

0 in force

Implementation date

18 Jan 2024

Revocation date:

No revocation date

Production subsidy

On 18 January 2024, the European Commission approved a budget extension of EUR 22.2 million (USD 23.9 million) for its existing production subsidy scheme for fishing companies from France. The scheme ...

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