APPENDIX IV APPENDIX IV 
Fishery agency 
The Soviet Fisheries Ministry provides policy guidance 
and funding to the fishing industry. The Fishery Ministry's 
annual budget is about $1.1 billion and the Ministry employs 
about 750,000 people. Although the Ministry is not located 
at the top level of the Soviet government, the Fisheries 
Minister is an alternate member of the Central Committee of 
the Communist party. The Ministry's importance is growing 
along with increases in fish product exports which supply 
the government with foreign currency. 
The functions of the Ministry include making invest- 
ments to increase the efficiency of the fishing fleet and 
shore-based facilities and controlling the activities of 
fishing cooperatives. 
Support programs 
The Soviet Union invests approximately $1 billion an- 
nually in the fishing industry. This represents about 0.5 
percent of the annual Soviet budget and 1 percent of total 
Soviet investments. During the past 47 years the Soviet Union 
has consistently invested funds to expand and modernize the 
fishing industry. NMFS stated that total investments during 
this period were about $16 billion. About one-third, or $5.2 
billion, of the total investment was made from 1971 through 
iS ss 
Since 1946, investments have been primarily to improve 
the fishing fleet rather than shore-based facilities. How- 
ever, a greater portion is being invested in shore-based 
facilities. This is illustrated in the following table show- 
ing selected plans of the Soviet Union. 
Investments 
Shore-based Fishing 
Plans facilities fleet 
(percent) (percent) 
1929-32 91 9 
1946-50 40 60 
1959-65 25 a5 
1966-70 30 70 
A/I971=75 85 65 
a/ yrs estimates that 60 to 70 percent of the 1971-75 invest- 
ment were for new fishing vessels. 
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