Hokkaido Fishermen on Verge of Serious Loss Due to Russia’s Decision to Suspend Fisheries Agreement
The Japanese fishermen from the island of Hokkaido are on the verge of massive bankruptcies due to the recent decision of the Russian government to suspend the existing Fisheries Agreement with Japan.
According to analysts, the biggest negative impact of such a move will be on Japanese fishermen from the island of Hokkaido, which is located in close proximity to the Kuril Islands. These waters were traditionally used by Japanese for the annual catch of hundreds tonnes of cod, octopus and crabs annually...
To Read Full Story Login Below.