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FAS proposes to introduce electronic auctions for fish

FAS proposes to introduce electronic auctions for fish
Photo: pixabay.com

The Federal Antimonopoly Service (FAS) proposes to replace the historical principle of the allocation of quotas for fishing in Russia with electronic auctions. The agency sent a letter with this proposal to the Federal Agency for Fishery.

As the TASS, the proposal is under discussion and in agreement with the federal executive authorities. FAS proposes to accept them to develop the market and attract investors to the industry. According to the deputy head of the FAS Mikhail Evraev, electronic crab auctions have already shown a positive effect.

The first electronic crab auctions were held in Russia in the fall of 2019. They put up 41 lots: 31 - with shares of quotas for production in the Far East fisheries basin, ten in the Northern fisheries basin. We managed to sell 35 lots with a total value of 142,4 billion rubles. The remaining should be distributed this year.

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