Catching the ‘Goldfish’: Sustainability Factors of Fisheries

26 May , 11:45–13:00
Harnessing Russia’s Growth Potential
Pavilion F, Conference Hall F1

The UN Food and Agriculture Organization is forecasting exponential growth in the demand for fish and seafood, especially in Asian economies. The value of the biological resources of the world’s oceans as part of the human diet is increasing, accompanied by a rise in prices on the international fisheries market. The favourable state of the market is attracting investment in fisheries, enabling production assets to be renewed. In Russia, the state is facilitating technological modernization in the fishing industry, partly by means of investment quotas. The growth in private investment resulting from state support measures is estimated to be more than RUB 300 billion. The introduction of resource-preservation and environmentally safe technologies in the industry and the development of aquaculture is facilitating the efficient use of the resource base and preservation of the volume and variety of fish and sea life for the domestic and international markets. How can a favourable investment environment be created in order to fully modernize the Russian merchant and transport fleet, increase advanced processing production, and introduce modern logistics technologies? What system of countering the risks of illegal, unreported and unregulated fishing should be introduced when the size and production capacity of the fishing fleet are increasing? How can all categories of domestic consumers gain access to fish products? Could fish become a delicacy?

Eugenia Serova, Director of Liaison Office with the Russian Federation, Food and Agriculture Organization of the United Nations

German Zverev, President, All-Russian Association of Fisheries Enterprises, Entrepreneurs and Exporters
Dong-Yeob Yang, Director General of the Distant-water Fisheries Division, Ministry of Oceans and Fisheries of the Republic of Korea
Finnbogi Jonsson, Chairman, Knarr Maritime Consortium
Liv Monica Stubholt, Chairman of the Board, Norwegian-Russian Chamber of Commerce; Partner, Law Firm Selmer
Ilya Shestakov, Deputy Minister of Agriculture of the Russian Federation; Head, Federal Agency for Fisheries (Rosrybolovstvo)

Front row participants
Sergey Darkin, President, Pacific Investment Group (TIGR) PJSC
Denis Tikhonov, General Director, Corporation for Far East Development