Russian-Chinese fish trade: trends, issues

Abstract

Russian research often talks about the fact that the actual level of Russian-Chinese trade and economic cooperation is lagging that declared. The same is said about Russian-Chinese border cooperation. Research often points to the poor development of logistics corridors, low investment activity, as well as the difficulty of implementing various strategies in the regional environment due to the mismatch of actors’ interests. Nevertheless, there are examples of industries in which trade and economic partnerships are developing steadily in the context of cross-border cooperation, creating positive externalities for the economy and Russian Far East industry. That refers to the Russian-Chinese fish trade. The article reviews of the current situation. The authors come to the conclusion that at the present stage, the Russian-Chinese fish trade is a steadily developing branch of cooperation between the two countries, the corresponding sectors of the national economies are both in a situation of high interdependence, and sometimes compete each other in world markets. Authors shows a number of institutional issues hindering the development of the industry, similar to those that affect the overall level of cross-border cooperation.