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Russia hails progress of investment quota scheme despite muted uptake

So far, 39 of 106 fishing vessels and all 25 processing plants have been built under the first stage, and just one of 31 vessels and two of 15 plants under the second

By Sergei Blagov | March 20, 2025 11:09 GMT
NWFC vessel Barentsevo. Source: NWFC website
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Russian authorities have hailed the progress of the investment quota scheme and pointed to positive trends in the seafood industry's financial situation -- despite the fact that the seafood sector's profitability fell 30% in 2024 [...]

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Contact the author sergeiblagov@gmail.com

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