In his report for the FLH (Falklands Land Holdings) board meeting on June 7, General Manager John Ferguson predicted that, by the end of the financial year on 30 June, FLH will have sent 20,792 sheep and 118 cattle to FIMCo in 2022/23.
EU is the destination for close to 90% of the Falkland Islands’ exports of fishery products, measured by weight, according to 2018 data.
Falkland Islands European Union exports are now subject to tariffs due to the UK not obtaining an agreement on behalf of the Falklands in relation to Brexit. On Wednesday, Legislative Assembly members released an opinion piece that expressed disappointment and frustration.
Falklands exports fish and meat to the EU and now anticipates tariffs of between 6 and 18% on seafood exports and an average tariff of 42% for meat exports to EU.
The release begins: “Firstly, it is important to put on record how disappointed and frustrated we are that the deal between the UK and the EU makes no provision for the Falkland Islands or the other Overseas Territories (OTs); as a result our EU exports are now subject to tariffs.”