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Cayetana Aljovín, president of the National Fisheries Society

SNP objects adjustment of fishing right for anchoveta

Click on the flag for more information about Peru PERU
Thursday, July 11, 2019, 15:00 (GMT + 9)

The SNP expects that PRODUCE will review all the regulatory burdens that the sector supports.

Lima - The National Fisheries Society (SNP) today expressed its disagreement with the adjustment made by the Ministry of Production (PRODUCE) to the fishing right of the anchoveta for the fishmeal and fish oil industry, which goes from 0.25% to 0.43% of the FOB value of fish meal per metric ton of anchovy.

President the National Fisheries Society, Cayetana Aljovín acknowledged the willingness of PRODUCE to discuss the regulatory proposal on new fishing rights with all stakeholders, as well as collect the costs of the industry; However, she maintained that the aforementioned increase occurs at times when the industry is heavily leveraged and with a deteriorating profitability.

  

SNP: New fishing rights reduce the competitiveness of the industry

"Today, the regulatory burdens of the industry are excessive. While we salute the dialogue space created by the ministry, we disagree with the increase because it has not considered a scheme that takes into account the point of equilibrium in which the fishing industry generates economic rent, "she noted.

Aljovín noted that there is still room for the Ministry to review the regulatory burdens, such as those related to the control and surveillance system of the sector that now, with the highest collection for fishing rights, PRODUCE could assume and, thus, alleviate somewhat the strong burden borne by fishing companies.

Purse seiners fishing vessels anchored (Photo: SNP)

Also, the union leader recalled that the regulatory burdens facing this industry have increased by almost 300% in recent years, with Peru paying the most from the OECD countries, even surpassing Chile. "This increase makes us unfortunately even less competitive and limits our growth potential," she said.

Aljovín added, finally, that all the actors should be focused on improving and strengthening the competitiveness of the different sectors and not on generating more burdens on the productive activities that have been supporting growth in our country. "We are confident that PRODUCE will continue with open dialogue spaces to review the cost overruns and improve the competitiveness of the industry for the benefit of all Peruvians," she concluded.

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