Greater uncertainty in the fishing industry after the EU no

Salmon filetSalmon filet. Photo: Terje Bendiksby / Scanpix

Norwegian Seafood industry is excited about what Britain’s “No” respond to EU means for the industry which most probably is unpredictable and it will be new situations.

– A withdrawal would obviously provide some immediate adverse consequences, particularly through currency weakness and economic chaos. The process of withdrawal will last for two years and neither market nor resource will change overnight. We still believe in good cooperation with the British, said by Inger Marie Sperre chairman in Norwegian Seafood which is the largest seafood company in Norway.

She said the short-term consequences will be the immediate chaos in the British and European economies, where currency fluctuations and weakened purchasing power may also affect exports of Norwegian seafood.

– The UK is an important market. The turmoil in the economy may also have negative effects for Norwegian seafood exports. In particular, the Norwegian whitefish be postponed and we will follow this situation closely, said by Seafood Norway’s chairman.

Last year Norway exported 5.1 billion NOK of seafood’s to the UK which was the fourth biggest market for Norway.

 

Source: NTB scanpix / Norway Today

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