Russia to Pay Subsides to Fish Producers to Keep Pollock and Cod in Domestic Market
SEAFOODNEWS.COM by Eugene Gerden - Feb 13, 2015
Moscow - The Russian government will provide support to leading domestic fish producers in exchange for increasing supplies in the domestic market. The subsidies aim to overcome the price differential producers can get selling fish for export, and will also pay companies not to raise domestic prices.
Up to seven Russian leading fish producers, based in the Far East, among which are Preobrazehensky Base of Trawl Fleet, Nakhodka Active Marine Fishery Base, OJSC Dalmoreproduct, Intraros, Roliz, JSC Yuzhmorrybflot and JSC Yuzhmorrybflot, may receive financial support from the state this year.
In the case of Nakhodka Active Marine Fishery Base, at present the company remains one of Russia’s largest producers
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