Russia’s Federal Antimonopoly Service Rules Out Korean JV Pollock Fleet
In November, the Russian Antimonopoly Service concluded that eight pollock fishing companies operating in Russia are controlled by foreign capital. Minato Shimbun reported that this would forcefully halt "illegal fishing" by foreign capital and resource catch quotas.
According to the Hokkaido Trawl Fisheries Cooperative Federation, the companies found to be under foreign capital are joint ventures between Russian and Korean companies. These companies were established in the early 2000s, with Russian companies holding more than 51%...
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