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"Far Eastern Fish Exchange" will use the experience of electronic trading colleagues APR
The unified electronic exchange platform for trade in aquatic biological resources, created in Russia, plans to borrow the experience of electronic trading of similar organizations in the Asia-Pacific region, reports Pacific Russia.
Sergey Lelyukhin, President of Far Eastern Fish Exchange CJSC, is confident that electronic trading allows not only to optimize the relations between sellers and buyers in this market segment, but also increases the transparency of transactions, excluding chains of unnecessary intermediaries that unreasonably overcharge prices.
World experience shows that the creation of fish exchanges contributes to the improvement of the fishing industry as a whole, to create a planning system for production and marketing processes. The catch is put up for exchange trades immediately after the catch on board a fishing vessel at sea, and upon arrival at the port is usually shipped as contracted, because as long as the ship goes to the shore, a buyer has already been found in the lot.
Thus, the whole process of distribution of marine biological resources along the chain "ship - port - processing - delivery to trade networks - sale to customers" becomes faster, predictable and manageable.
Asia-Pacific countries, for example, Japan and South Korea, were able to significantly improve the situation in their fishing industries, including, thanks to the practice of electronic exchange trading in aquatic biological resources.