Quotas for catch of aquatic biological resources

• Published in: Mir novoj èkonomiki (Online) Vol. 16; no. 4; pp. 124 - 139
• Main Authors: Asanov, A. N., Li, E. L., Ageshina, E. Yu
• Format: Journal Article
• Language: English
• Published: Government of the Russian Federation, Financial University 17.01.2023
• Subjects: aquatic biological resource; far eastern fishery basin; interest; investment quota; total allowable catch
• ISSN: 2220-6469; 2220-7872
• DOI: 10.26794/2220-6469-2022-16-4-124-139

The transformation of the system for distributing quotas for the extraction of aquatic biological resources (ABR) in quotas in Russia affects the interests of many parties. The new system of allocation of rights to catch ABR, which provides for quotas for investment, changes the established order in Russia in fisheries, which caused discussions in the industry. Innovations reduced the level of monopolization of industrial fishing, the development of shipbuilding and the ABR processing in Russia’s territory. The aim of the study is to identify the structure of interests of economic entities and the population within the framework of the current quota system of ABR catch in Russia on the example of the Far Eastern fishery basin of the country. Being studying the materials for the paper, the authors used methods of scientific analysis and comparison in the research of the regulatory framework and the distribution of total allowable catches. There is an inductive method prevails in the statistical part of the study, and the monographic method allowed to combine the results obtained in the scientific paper. According to the analysis of the detailed structure and short-term dynamics of the allocation of quotas for the catch of ABR in the Far Eastern Federal District (FEFD), the authors found that the current system of distribution of rights does not fit to global trends aimed at reducing the catch of the wild resource, the capacity and number of fishing vessels. Innovations mainly reflect the interests of large fish producers to the detriment of small ones. However, the potential effect of introducing investment quotas is positive, as it ensures intersectoral cooperation. Against the background of unstable external demand for Russian products, this mechanism stimulates reorienting the activities of fishers from foreign markets to domestic ones, from the sale of raw materials to processed products and making added value within the country, including in the FEFD.