A memorandum of understanding (MoU) has been signed between the UK and China, in order to strengthen fishing trade links and help safeguard exports worth £70m each year.

The MoU was signed to better share information on import and export requirements, and to notify each other of any changes. It is believed that this will help predict and resolve any issues around import and export of fish before they arise.

The agreement will particularly benefit the Scottish fishing industry, as Scottish Salmon accounts for the majority of the current £70million fish exports to China.

UK Environment Minister Owen Paterson said, “This agreement is a great boost for our fishing industry as it will help safeguard the growing export market in China for quality British produce, such as Scottish salmon. Our exports of fish to China were worth £70m last year, and through the close working relationship ewe have cemented today, I hope to see this grow even further.”