Russian Investors with No Crab History Closer to Grabbing Share of Lucrative Crab Quotas
SEAFOODNEWS.COM [SeafoodNews] (Analysis) by John Sackton – August 28, 2018
The Russian red king crab fishery is the most valuable crab fishery in the world, and has long attracted the attention of poachers, oligarchs, and the Russian government.
For years the government has waged a campaign against poaching, which was often undermined by bribery of border guards and local officials. However, poaching is less of an issue now because, first, the Russians increased the quotas to allow more legal harvest, and second, the legal harvesters began ...
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