New EU regulation measures: how to avoid their negative consequences?
Russia’s low catching costs and abundant resources provide an opportunity for increased presence in the markets of African countries
(WORLDWIDE, 1/17/2024)
Discover solutions at the upcoming international seafood event
The European Council set the new quotas, which cover certain fishery products for the next three years. The autonomous tariff quotas (ATQ) regulations cover species such as tuna, pollock, hake, shrimps, cod or flatfish, allowing relatively high volumes to be imported from non-EU countries without paying customs duties or at reduced tariffs. Thus, the European Union provides fish raw material for its fish processing industry, safeguards its competitiveness and ensures the supply of European consumers with quality processed fish products at reasonable prices that are not sufficiently produced in the EU.
In a recent decision, the Council excluded Russian fish products from the next version of the ATQ scheme.
While fish from Russia can still be...
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Shrimp Imports: Weak Yen Reduces Purchasing Power Japan
In the first quarter of 2024, Vietnamese shrimp exports to Japan reached 103 million USD, down 2% over the same period. After increasing by 30% in January, shrimp exports to Japan decreased by 21% and...
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