April 14, 2022 — A month and a half into Russia’s invasion of Ukraine, a clearer picture of the challenges the Russian seafood sector will be facing as a result of international sanctions is coming into focus.
Russia’s invasion of Ukraine immediately caused turmoil in global seafood markets, and the consequences on trade caused ripple effects that still haven’t subsided. Multiple rounds of economic sanctions imposed by the European Union, the U.K., and the U.S. have already impacted the seafood industry.
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