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Peru Launches Regulation to Increase Aquaculture Exports

Economics Politics +2 more

PERU - Peru has published a new regulation 'The General Law on Aquaculture' which aims to stimulate, guide, and regulate sustainable aquaculture in the country.

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The regulation is part of a National Diversification Plan to boost aquaculture exports by 20 per cent over the next five years, providing the aquaculture sector with a set of clear rules for future development.

Resulting from a national technical debate among government officials, industry, exporters, academia, and 14 regional governments, the regulation consists of 58 articles and 14 transitory additional provisions, including annexes.

The regulation also establishes the functions of the “Single Window for Exports” for aquaculture, which will provide information on efficient handling of aquaculture development and promotion.

As a result of the regulation, there is expected to be continued strong demand for US soybeans and meals for the feed sector.

The Regulation can be found at:

http://elperuanolegal.blogspot.com/2016/03/decreto-supremo-n-003-2016-produce.html

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