At the upcoming Asia-Pacific Economic Cooperation summit in Vladivostok, Russia will sign an anti-poaching agreement with Japan and China to protect Far East crab populations, after a similar agreement with South Korea has shown good results, a federal fisheries official said Tuesday.
The new agreement will help to eliminate the black market for king crab in the waters off Russia's Pacific coast, a market worth hundreds of millions of dollars, Federal Fisheries Agency head Andrei Krainy told Interfax on Tuesday.
After the anti-poaching deal with neighboring China and Japan takes effect around the end of this year, only legally caught crab will be exported, Krainy said.
