Fisheries and aquaculture are important sectors for the economy in Latvia, as well as for the preservation of fishing tradition. In 20 years since Latvia has become a member of European Union, the fishing industry has received significant support. During these years, investment of EU funds in the industry is more than 410 million euros. For example, of this amount more than 150 million euros were paid for the development of production, 125 million euros for the development of fisheries. Fishermen have implemented more than 3,800 projects in various activities and thus promoted the growth of whole industry.
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