
Brock Hunter
59:17 - 59:47
"Alaska Seafood is struggling to compete against non market economies like China and Russia. The Russians are massively subsidizing new fishing fleets. They even require their fishing companies to buy these new vessels if they want quota. As a result, the Russian pollock harvest has increased from 1.75 million tons to 2.46 million tons since2021 while the US harvest level remains steady and sustainable."
“Alaska Seafood is struggling to compete against non market economies like China and Russia. The Russians are massively subsidizing new fishing fleets. They even require their fishing companies to buy these new vessels if they want quota. As a result, the Russian pollock harvest has increased from 1.75 million tons to 2.46 million tons since2021 while the US harvest level remains steady and sustainable.”
A seafood executive order comes at a critical time. Alaska Seafood is struggling to compete against non market economies like China and Russia. The Russians are massively subsidizing new fishing fleets. They even require their fishing companies to buy these new vessels if they want quota. As a result, the Russian pollock harvest has increased from 1.75 million tons to 2.46 million tons since2021 while the US harvest level remains steady and sustainable.