Russian Government Tightens Pressure on Domestic Fisheries Sector
A new flexible export duty on fish and fish products, that will be officially imposed in Russia on October 1 will increase financial pressure on the country’s fish sector and lead to the growth of costs of local fishermen.
According to recent calculations of German Zverev, head of the All-Russian Association of Fish Producers, the rate of duty will vary in the range of 4-7%, depending on the product. Its overall financial impact on the industry is estimated at RUB 10-12 billion...
To Read Full Story Login Below.