Russia's FAS Wants to Abolish All Historical Fishing Quota Rights in Exchange for 15 Year Leases
SEAFOODNEWS.COM [SeafoodNews] by Eugene Gerden - June 14, 2018
The Russian Federal Anti-Monopoly Service (FAS) has put forward a revolutionary proposal to completely upend the system of fish quota auctons in Russia. They would like to abandon all historical fish history and participation as a requirement for bidding on fish quota, and instead replace all quotas with a system of auctions. The auctions would give exclusive quota rights for a 10 to 15 year period.
According to FAS, the adoption of such proposal will...
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