Businesses in the United States opposed the ban on imports of Russian fish

Published 2024년 2월 1일

Tridge summary

The National Fisheries Institute (NFI), which represents over 300 US seafood companies, is advocating for the continuation of Russian seafood supplies, arguing that the ban on imports could harm the American fish processing industry and lead to job losses. The NFI suggests imposing duties on Russian seafood instead. However, this view is opposed by Trident Seafoods, a major US seafood producer, which has left the NFI in protest. The ban has already led to a significant decrease in supply and increase in prices. Meanwhile, an expert suggests that the ban on Russian pollock will not significantly impact Russian enterprises as they have not been supplying directly to the US for a long time, but will instead impact American processors and consumers.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

The National Fisheries Institute (NFI), an industry association for the seafood industry in the United States, representing the interests of more than 300 mining, processing and trading companies, advocated for the continuation of supplies of seafood obtained in Russia, American media write. A ban on direct imports of Russian fish was introduced in the United States a year ago. And in December 2023, it was added to a ban on supplies from third countries of processed fish products made from Russian salmon, cod, pollock and crab. NFI said the ban on Russian fish supplies is unnecessary and harmful to American fish processing. This will lead to a reduction in market supply and, therefore, an increase in prices for fish of American origin and imports, primarily Atlantic cod and other species from Norway and Iceland. If the decision to ban remains in force, this threatens the United States with the loss of jobs in seafood processing, according to NFI. Instead, NFI proposed introducing ...

Source: RG