Dmitry Medvedev, Russian Prime Minister, had a work meeting with heads of the Far East fishing companies with a view to discussing the sector’s prospects in the region.

In particular, he specified that Russia’s total catch in the current year had already exceeded 3 million tons, which was up by 3.5% as compared to the same period of the previous year. Exports had grown by almost 30%. In addition, about 80% of fish and fish products reaching domestic consumers were Russian-sourced.
According to Mr. Medvedev, the Far East fishery sector is the biggest in Russia. It fishes out two thirds of the total catch, including more than 2 mln tons this year. Also the region’s fishery enterprises produce over 60% of all Russian fish products and preserves.
One of the key subjects under discussion was the system of investment quotas and its recent updates, including changes of tonnage measurement rules. In May this year the Prime Minister signed several resolutions on distribution of fishing quotas among users of water biological resources. Starting from next year these quotas will be granted to companies investing into construction of modern fishing vessels.



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