RUSSIAN FEDERATION
Thursday, August 14, 2014 As Russia imposes an import ban on fish products from Norway and other western countries, the Russian market looks towards alternative suppliers and domestic producers. As previously reported, the import ban could ultimately leave Russian shops without supplies and prices are likely to hike. Norway alone in 2013 exported a total of 295,000 tons of fish products to Russia, 81 percent of it salmon. Over July 2014 and previews months, an average of 134 trucks loaded with fresh Norwegian salmon and trout has crossed the Russian border. That trade has now come to a stop, and several Norwegian trucks fully loaded with fish products have already been rejected entry to Russia. Russian authorities consequently hectically look at ways how to vitalize supplies from domestic fish producers. Murmansk is a key part of that picture. The region has a powerful trawler fleet and a growing aquaculture industry. Despite years of crisis, the region also has a fish processing industry with substantial capacity. The nearby Barents Sea has some of the world’s richest marine resources and cod stocks have over the last years reached historical levels. Source: Barents Observer |
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