A procedure has been determined for auctions for the right to sign agreements on crab harvest quotas for investment purposes. According to the official website of RF Government, the orders dated 28 August 2019 (No 1917-р and No1918-р) and decrees dated 28 August 2019 (No1112 and No1113) specify types of crab in certain catch areas, construction objects, amount and size of lots, requirements to projects on construction of fishing ships, auction rules as well as the procedure for preparing and signing agreements on crab harvest quotas for investment purposes.
That will let create a transparent competition environment in the most profitable segment of fishery. Besides, that will ensure additional revenues of the federal budget and construction of a modern fleet of crab catching ships.
Introduction of new type of quotas for aquatic biological resources – crab quotas – is foreseen by amendments introduced into the Federal Law “On fisheries and conservation of aquatic biological resources” by the Federal Law dated 1 May 2019 (No 86-ФЗ).
The documents are available in Russian: No1917-р >>>> ; No1918-р >>>> ; No1112 >>>> ; No1113 >>>>
Related link:
Crab auctions result in a plan to build 31 crab catching ships including 15 ships to be built by Far East shipyards >>>>