Transitional period of entry of Crimea into Russia completed, says Medvedev

Russian Prime Minister Dmitry Medvedev (pictured) has visited Crimea of late to conduct a conference on small business development. He stated that the transitional period of the entry of Crimea into Russia had reached completion.

“Overall, a basis for functioning of the Crimean economy in accordance with Russian laws has been formed,” Mr. Medvedev said. “This doesn’t mean that we won’t make pinpoint changes because full-value interlocking requires a longer period of time in terms of life and business development in the peninsula.”

Previously, the government of Russia permitted the Crimean fleet to fish for Black Sea anchovies, or khamsa, near the Republic of Abkhazia. In particular, Moscow and Sukhumi have agreed that the Crimean fishing fleet may bring in 15% of a total potential catch of khamsa. The agreement will allow the Crimean fishing fleet to participate in the winter season for khamsa near Abkhazia next year.