Russian Sea denies doubling prices days after food import ban

Russian Sea (Russkoye Morye), one of the country’s biggest fish wholesalers, is in hot water, so to say, for raising its prices days after an embargo was imposed on European and American fish.

The company, a third of which was owned by reputed Putin ally Gennady Timchenko until he sold his stake amid Western sanctions over the Ukraine crisis in March this year, said its prices have increased but not doubled, contrary to recent reports.

“We cannot confirm such a rise in prices,” spokesman Ilya Bereznyuk told state news agency ITAR-Tass. “We are guided by prices on the international market.”

Click here to read the full story from The Moscow Times >

Keep checking SeafoodSource for all the latest news on Russia’s ban on seafood exports