Seafood Industry Braces for Losses of Jobs, Fish Due to Sanctions on Russia

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The global seafood industry is preparing for disruption due to new sanctions on Russia.

In the U.K., where fish and chips are a cultural marker, shop owners and consumers alike are bracing for price surges. British fish and chip shops were already facing a squeeze because of soaring energy costs and rising food prices.

“We’re a massive part of U.K. culture and it would be a shame to see that go,” he told broadcaster ITV. “Because seafood is a global commodity, even if they are not harvested in Russia, you will notice the price hike,” Tokunaga said. Seafood processors in Massachusetts are concerned about job losses due to the loss of Russian products, Democratic U.S. Sen. Ed Markey, who does support sanctions on Russia, said.

 

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