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The son of the head of Primorye received quotas for the extraction of crab in the Far Eastern Federal District - EastRussia | Far East

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The son of the head of Primorye received quotas for the extraction of crab in the Far Eastern Federal District

The son of the head of Primorye received quotas for the extraction of crab in the Far Eastern Federal District
Photo: pixabay.com

The auction ended with the sale of shares of crab quotas in the Far Eastern and Northern fisheries basins. In total, an 41 lot was put up; trades were held on 35 of them.

In the Far East, trading in 25 lots was won by 13 companies, ten of which are owned by Russian Fishery Companies. Also among the winners was the organization "Sunrise", owned by the son of the Governor of Primorye Oleg Kozhemyako.

According to the press service of the Federal Agency for Fishery, according to the results of crab auctions, more than 142 billion rubles will go to the treasury. Proceeds from the auction for the sale of shares of crab quotas in the Far East amounted to over 99,5 billion rubles.

Earlier Federation Council approved the law on investment quotas to catch the crab. Now 50% of quotas for 15 years will be distributed through auctions. Project initiator acted Ministry of Agriculture. 2018 Crab Auctions Act caused heated discussion however will allow enter the market for new players.