Russia's Federal Fisheries Agency offering measure to encourage value-added production at home

Russia's Federal Fisheries Agency has offered increase of import tariffs for frozen Alaska pollock fillets from 10% to 20%, according to Russian Fish Insider Report published by http://www.megafishnet.com/.

Besides, the Agency offers to increase export tariffs for frozen Alaska pollock, silver saithe, herring and mackerel. These measures are considered to reduce exportation of raw materials from Russia and importation of value-added products in order to develop seafood processing on the domestic market.

Russia's Federal Fisheries Agency continues to make a list of technological equipment for seafood processing as well as of vessel and farming equipment which is not produced in Russia in order to free such equipment from custom duties when it is imported to the Russian Federation.