Even a world-famous fish is struggling in the Russia-Ukraine war
Frozen Whitefish
Russia
Published Mar 28, 2022
Tridge summary
According to the Vietnam Association of Seafood Exporters and Producers, Russia has a strong position in fishing and is the world's leading supplier of white fish, so the world whitefish industry will certainly be affected by the pandemic. Russia-Ukraine war. Russia's main export fish species include pollock and cod. Russian fish is widely consumed in the EU, Japan, the US and South Korea. In addition, most of Russian fish is also shipped to China for processing and export to these markets.
Original content
Right after the Russia-Ukraine war, many countries around the world, including the US, EU countries, and Britain... all made moves against Russia. These reactions are and will have a strong impact on the supply - demand and world trade in seafood. According to Ms. Le Hang, Deputy Director of VASEP.PRO Center, the transactions of seafood importers and exporters with Russia were interrupted after the EU announced the names of banks that would be removed from the EU's messaging system. Society for Worldwide Interbank Financial Telecommunication (abbreviated as SWIFT). Meanwhile, Spain has proposed sanctions against Russia: "banning imports and exports and bans its ships from docking in Spanish ports" and ports of other EU members. On March 11, US President Joe Biden announced that he would sign a decree banning the import of Russian seafood and removing Most Favored Nation (MFN) treatment for Russia. Although the repeal of Most Favored Nation status for Russia is unlikely to be as ...
By clicking “Accept Cookies,” I agree to provide cookies for statistical and personalized preference purposes.
To learn more about our cookies, please read our Privacy Policy.