China bans some Russian seafood

RUSSIA / FSU POLITICS - In Brief 03 Oct 2020 by Alex Teddy
On September 30 China forbade certain Russian seafoods claiming that coronavirus was found on the packaging. WHO says this is impossible. It is suspected that China is making a spurious claim as part of a trade war.60% of Russia's seafood exports go to China. 4 Russian companies are subject to restrictions now.China already warned Russia's phytosanitary authority. It is claimed two Chinese dockers contracted coronavirus after handling packets of Russian seafood.China would like to pay less for Russian seafood. Russia's pollock price is 20% down Y o Y. If the price remains this low then the industry will lose USD 100 million by January 2021.Russian fish exporters intend to test their packaging for coronavirus before sending products to China. Russia would like China to test the packaging on arrival.

Now read on...

Register to sample a report

Register
Sign-in
Forgot your password?
Copyright 2024 GlobalSource Partners. All rights reserved. This is prepared for GlobalSource Partners’ clients and may not be redistributed, reproduced, stored in a retrieval system, retransmitted or disclosed, in whole or in part, or in any form or manner, without the express written consent of GlobalSource Partners. This is distributed simultaneously to our website and other portals used by GlobalSource Partners. The information herein was obtained from various sources and is believed to be reliable but GlobalSource Partners does not warrant its completeness or accuracy. Neither GlobalSource Partners nor any Country Analyst, officer or employee accepts any liability whatsoever for any direct, indirect or consequential damages or losses rising from any use of this or its contents.