Russia: The need for subsidies for the transportation of herring, pink salmon, and willow salmon from the Far East was estimated at 1.5 billion rubles
Russia
Supply Chain Management
Innovation & Technology
Published Mar 21, 2024
Tridge summary
German Zverev, president of the All-Russian Association of Fishing Industry (VARPE), has suggested expanding subsidies for rail transportation of fish from the Far East to central Russia to include herring, pink salmon and sardines. This proposal, which could cost up to 1.5 billion rubles annually, comes after the successful subsidization of pollock transportation that led to a 15% increase in consumption. Zverev also recommended the inclusion of per capita consumption of fish products in Russia's development strategy for the agro-industrial and fishery complexes until 2030.
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Original content
Moscow. 20th of March. INTERFAX.RU - Subsidizing rail transportation of pollock from the Far East to the central regions of the Russian Federation has yielded good results; this measure should be extended to other types of fish, in particular, herring, pink salmon and sardines. This will require up to 1.5 billion rubles a year, says German Zverev, president of the All-Russian Association of Fishing Industry (VARPE). “A feature of the Russian market is its archaic infrastructure. This sharply increases logistics friction, and, consequently, the price. Last year, due to an increase in transport margins, the cost of delivering Pacific herring amounted to almost 70 rubles per kg with the same selling price,” Zverev said at "expert hour" in the Federation Council on Wednesday. According to him, subsidies for the transportation of pollock from the Far East “produced a good result: pollock consumption in the country increased by 15%.” “But these subsidies did not include herring, pink ...
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