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The Far East fish market hopes to reduce the overall level of prices for fish and seafood

Approximately 70% of transactions of purchase and sale of aquatic marine biological resources in Japan and Korea are carried out within the framework of specialized “fish exchanges”. In the opinion of the Far Eastern Fish Exchange, this makes it possible to reduce the general level of prices for fish and seafood and to control quality. In addition, this form of work excludes a large number of intermediaries who are involved in buying and selling schemes along the way from fishing companies to retail chains and the end consumer.
World experience shows that in most countries more than 60% of the catch of marine biological resources falls on the share of small fishing companies, respectively, in the absence of exchanges, favorable conditions are created for intermediaries. But in Japan, mass consumption products in the economy (and here, among food products, seafood makes up 70% of the total diet) are subject to the laws of deflation - they are gradually becoming cheaper, and this is also happening due to the work of “fish exchanges”.
Representatives of CJSC Far Eastern Fish Exchange expect that the work of their enterprise, in which they plan to take into account the experience of electronic trading of similar business structures of neighboring countries, will help to streamline not only the fish market of the Russian Far East, but also the Asia-Pacific region as a whole, As of today, the main consumers of fish and seafood produced in the Russian exclusive economic zone are China, Japan, the Republic of Korea and other countries of the Asia-Pacific region.

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