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. Last Updated: 07/27/2016

Russia signs fishing accord

Russia and South Africa are in the process of setting up a joint fisheries company, Vladimir Korelsky, chairman of the Russian Federation's Fisheries Committee announced late last week.

Beginning this year, Russian vessels will get as yet unspecified quotas for fishing near the South African coast, with an agreement already reached on repairs and servicing of the Russian fleet at the Port of Cape Town.

The agreement is viewed as one of many to emerge in light of warming Russian-South African relations.