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Catching the ‘Goldfish’: Sustainability Factors of Fisheries
26 May 2018
11:45—13:00
KEY CONCLUSIONS
Fishery is a dynamically developing global industry

Fishery and fish farming today is the fastest growing branch of food production. The industry is of great importance for global development — Eugenia Serova, Director of Liaison Office with the Russian Federation, Food and Agriculture Organization of the United Nations.

Fisheries play an important role in the development of the Far East

Investments in the Far Eastern fishing industry are of utmost importance. We hope for the best, — Dong-Yeob Yang, Director General of the Distant-water Fisheries Division, Ministry of Oceans and Fisheries of the Republic of Korea.

ISSUES
Lack of common international resource assessments

We are yet to distribute the Northern Atlantic quotas, and different countries assess their stock based on different data — .

Quality of the product

Today is not only hunger that is a problem but the quality of nutrition as well. Fish, marine resources provide from 17% to 20% of animal protein for the population of the world — Eugenia Serova, Director of Liaison Office with the Russian Federation, Food and Agriculture Organization of the United Nations.

There are certain diseases that we have to contend with, and a whole series of measures are being implemented to grow healthy fish, because we are talking about sustainable, healthy development, — Liv Monica Stubholt, Chairman of the Board, Norwegian-Russian Chamber of Commerce; Partner, Law Firm Selmer..

Instability of legislation

In addition to preserving the stock itself, besides operating under environmental regulations, legislative stability is important. <…> Any revision in this part could lead to unpredictable outcomes — Ilya Shestakov, Deputy Minister of Agriculture of the Russian Federation; Head, Federal Agency for Fisheries (Rosrybolovstvo)..

Russian fisheries wholesale is next to non-existent

Wholesalers, traders are essentially being ignored. The whole world follows the path of enabling them, and we here are offered an absolutely different scheme. The fish market system is extremely unstable without traders, wholesales — German Zverev, President, All-Russian Association of Fisheries Enterprises, Entrepreneurs and Exporters..

The need to modernize production technologies

A huge challenge and a big issue is the program of the deep-sea fishing development. It is impossible to extract resources at such depth with existing fishing gear — Ilya Shestakov, Deputy Minister of Agriculture of the Russian Federation; Head, Federal Agency for Fisheries (Rosrybolovstvo)..

It is extremely important that the industry utilizes the latest technology, which would make it sustainable and competitive — Finnbogi Jonsson, Chairman, Knarr Maritime Consortium.

SOLUTIONS
State support of the industry

Countries that subsidize the fishing industry through special terms on fuel and VAT have more opportunities to ramp up production — Ilya Shestakov, Deputy Minister of Agriculture of the Russian Federation; Head, Federal Agency for Fisheries (Rosrybolovstvo)..

Improving the quality of resource assessment

Sustainable fishing cannot exist on reserves only. It primarily relies on a scientific assessment of reserves and their preservation — Ilya Shestakov, Deputy Minister of Agriculture of the Russian Federation; Head, Federal Agency for Fisheries (Rosrybolovstvo)..

Sustainable development is in the protection of the existing resources — Liv Monica Stubholt, Chairman of the Board, Norwegian-Russian Chamber of Commerce; Partner, Law Firm Selmer..

Long term planning

The fishing industry requires long-term market planning. Scientific research and new technologies are the key to success in both management and operations, — Finnbogi Jonsson, Chairman, Knarr Maritime Consortium.

International cooperation

It is impossible to work in isolation. We must consider the situation on a global scale and take other markets into account. We must cooperation with other countries, especially in terms of setting common standards, — Liv Monica Stubholt, Chairman of the Board, Norwegian-Russian Chamber of Commerce; Partner, Law Firm Selmer..

Sustainable legislation and common fishing standards

Sustainable fisheries are, first and foremost, in sustainable legislation — Sergey Darkin, President, Pacific Investment Group (TIGR) PJSC..

The investments that go into the industry certainly contribute to its development and technology improvement, but it is necessary to work with small businesses, with small-scale fisheries, to explain and clarify the necessity and importance of modernization and change in order to comply with modern standards — Liv Monica Stubholt, Chairman of the Board, Norwegian-Russian Chamber of Commerce; Partner, Law Firm Selmer..

The material was prepared by the Russian news agency TASS