Russian fishing industry debts surpass $10 billion

The debt burden has increased sharply since the start of a quotas-for-investment program, a leading industry official says, but shows that banks are willing to lend.

German Zverev, president of the All-Russian Fishery Association (VARPE).
German Zverev, president of the All-Russian Fishery Association (VARPE).Photo: IntraFish
Published 20 September 2024, 11:20Updated 20 September 2024, 21:41
German ZverevAll-Russian Association of Fisheries (VARPE)RussiaRussia Investment Quotaswhitefish