A RUSSIAN-CHINESE AGREEMENT ON EXCHANGE TRADE IN FISH TO BE SOUGHT AT THE EASTERN ECONOMIC FORUM
19 August 2016
A special Forum session “Aquatic Bioresources in Exchange for Investment” will be devoted to development of the fishing industry complex.
A number of agreements will be concluded at the EEF with investors for fishing industry projects, according to the press services of the Primorsky Territory Administration.
In particular, the Far East Fish Auction House and the Liaoning industrial corporation Jun Tsen Group are to sign a contract on exchange transactions in the fishing sphere, involving investment of RUB 2 bn.
TINRO Center plans to open an enterprise for catching and processing Far East sardines and Japanese mackerel at enterprises of the Far East fishing basin, with investment of RUB 7.2 bn.
After the Forum, a project will be launched for creating a high-tech production enterprise for processing sardines, mackerel, Japanese anchovies and Pacific squid, with investment of RUB 1.6 bn, a project for construction of a complex for basin breeding of fish with a capacity of up to 200 tonnes a year, and a project for creating a technopark for Antarctic krill.