Japan and Russia reach agreement on catch quota in Ukraine-related sanctions

Japan and Russia have reached an agreement on Tokyo’s quota for salmon and trout spawning in Russian rivers, despite Moscow’s anger over a series of economic sanctions imposed by Tokyo on the invasion of Ukraine.

Japan’s Fisheries Agency announced on Saturday that the two countries have agreed on salmon and trout with a catch quota of 2,050 tonnes in Tokyo within the exclusive economic zone, and the agreement will be signed next week. report.

Under the agreement, Japan will pay Russia an annual cooperation fee of JPY 200 million ($ 1.56 million) to JPY 300 million ($ 2.34 million), depending on the final catch. Cooperation fees are paid to the countries where the fish spawn.

Japan requires Moscow’s permission to capture salmon and trout even within the exclusive economic zone through a mutual agreement granting fishery rights to the country of origin. Last year, Japan paid Russia 260 million yen ($ 2.02 million) as a cooperation fee.

The country has imposed numerous sanctions on Russia over the war in Ukraine, including sanctions on Putin and several other Russian leaders. It also restricted the export of certain commodities to the country and banned Russian banks from the SWIFT Global Interbank Network.

On April 12, the Japanese Cabinet agreed to freeze the assets of 398 Russians, including the two daughters of Russian President Vladimir Putin and the daughter of the wife of Russian Foreign Minister Sergeń≠ Viklov. As a result, the total number of Russians approved by Japan will be 499.

Japan said it would impose sanctions on 28 additional Russian organizations and two Russian banks (Sberbank and Alfa Bank), which will come into effect on May 12. It also banned the import of Russian alcoholic beverages, including vodka, machinery and lumber products. A total of 38 products are banned.

Russia has put Japan on the “unfriendly” list and suspended peace treaty negotiations with Japan in retaliation for Tokyo’s sanctions against the invasion of Ukraine. This is a decision that Japan has strongly condemned.

On March 23, Prime Minister Fumio Kishida said the Russian Far East’s Sakhalin 2 LNG project was “very important” to Japan’s energy security and said Japan would not withdraw.

Aldograph Redley


Aldgra Fredly is a Malaysia-based freelance writer featuring the Epoch Times Asia Pacific News.