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South Korea and Russia agree on a fish quota for 2014 year
South Korea and Russia signed an agreement for 2014 year on the fish quota. South Korean companies will be able to catch an additional 10 000 tons of saithe, if illegal mining of the king crab is prevented, reports Undercurrent News.
Under the new agreement, South Korea is allowed to fish up to 59 615 tons of fish, including 40 000 tons of saithe, in territorial waters of Russia this year, the Ministry of Oceans and Fisheries reported. The quota on the side, one of the most popular fish species in South Korea, increases from 25 000 tons in 2013 to 30 000 tons with the right to catch an additional 10 000 tons after 31 August if South Korea blocks illegal catch of Russian crab, the ministry said. .
Last May, Russia cut South Korea’s quota for pollack to 20 500 tons, half the year’s level of 2012. The agreement was signed after a three-day talks in Seoul last week.