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Russian fishing companies in search of buyers as Japanese firms withdraw

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Fishing enterprises in Russia's Far East are in frantic search of new customers as most of their Japanese partners cancelled orders following a devastating earthquake.

Fishing enterprises in Russia's Far East are in frantic search of new customers as most of their Japanese partners cancelled orders following a devastating earthquake.

Mikhail Kotov, who heads the major Far Eastern fishing enterprise Morskoi Volk, said "all [trade] ties with Japan, our largest fish buyer, have been suspended at the moment."

"[Our] Japanese partners informed us that they have to cut imports significantly after the devastating earthquake. We used to supply up to 70% of our products to Japan," he said.

"We can only hope that China and [South] Korea will buy our products. We also expect to sell our fish to the United States," Kotov added.

A devastating 9.0-magnitude earthquake and tsunami have killed nearly 6,000 people and left thousands missing in Japan.

MAGADAN, March 15 (RIA Novosti)

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