February 14, 2020
Peru's tuna production up 5600% over last 12 years
The Peruvian Tuna Chamber (CPA) said tuna processing has rose to 40,000 tonnes from 700 tonnes of raw material, reported Fish Information & Services.
At the Tuna 2020 Conference in Panama, the CPA said the industry now reports a US$123 million in annual sales with a 600% growth.
Alfonso Miranda, CPA president said Peru's tuna boosted industry was due to the US$200 million investment provided by the business sector.
He said the industry may be at risk because of the Sunat's rule changes, and hopes that the rules will not be changed by the President of the Council of Ministers so as to maintain the growth of Peru's tuna industry.
Peru's law 28965 allows foreign vessels with Peru supplied permits for fishing to land their tuna catches in the country, which means the products enter based on the country's current customs regimes.
Miranda said Sunat has proposed that foreign vessels catches to be considered national and impose a 30% tax on the raw material's total invoice value.
- Fish Information & Services