March 19, 2020 — Russia’s Ministry for Development of the Far East is working out incentive measures to boost aquaculture in the Russian north, claiming it is one of its greatest priorities.
The ministry was created to help bring investments to the Russian Far East, which has been lacking labor and financial resources for years. With positive results achieved through the establishment of a free economic zone and other steps, the ministry’s functions have been extended to the Arctic zone, which Russia sees as ripe for economic growth.