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Russian crab quota auction amounts to $2.2bn sold

The government expects the companies with winning bids to sign contracts for new crab vessels and onshore production facilities within six months

By Sergei Blagov | Oct. 25, 2023 10:20 BST
Russian Crab Company vessel. Credit: Russian Crab Company
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Russian authorities have drawn the current phase of crab quotas auctioned off under the investment quota scheme to a close, with some RUB 214.5 billion ($2.2bn) worth of lots sold. [...]

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