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Exports could be increased to 104,400-139,200 tons, said a report by the Russian Federal Fisheries Agency after agency head Ilya Shestakov met with Kaj Leo Holm Johannesen, the Prime Minister of the Government of the Faroe Islands.
The sides discussed broader cooperation on aquaculture, including possible supplies of smolt for Russian aquaculture farms, as well as the use of fishery equipment produced on the Faroe Islands, said an agency report on Monday.
In response to Western sanctions over Ukraine, Russia imposed on August 7 a one-year ban on imports of beef, pork, poultry, fish, cheeses, fruit, vegetables and dairy products from Australia, Canada, the European Union, the United States and Norway.
The Russian government seeks to compensate for lost food imports and avert deficit or a price hike. From August 8, Russia’s Rosselkhoznadzor agricultural watchdog has been in talks with China, Turkey, Serbia, Egypt, Mauritius, Ecuador, Chile, Columbia, Mexico, Brazil, Sri Lanka, Paraguay, Guatemala, Morocco, Kenya, Argentina and Lebanon on their exports to Russia of meat, milk, fruit and vegetables, fish and seafood.