Chile’s aquaculture law revision postponed for one year, may involve taxation issues

In the past year, many major events have occurred in the Chilean aquaculture industry. The Chilean government led by Socialist President Boric and the salmon industry have had fierce debates on future development issues, especially regarding the legality of aquaculture in protected areas. Government and industry opinions have never been able to unify, so that the timetable for formulating new regulations has been postponed until after 2024. ​ Julio Salas Gutierrez, deputy secretary-general of the Chilean Institute of Fisheries and Aquaculture, told UCN: “In exploring the new aquaculture law, we held negotiations with small producers, with mussel farming companies in early December and salmon in mid-December. Companies enter a new round of negotiations. We will refer to all international experiences, including Norway and the Faroe Islands, and our advisory team will study the situation in each country. But given the size of the Chilean industry, we will not just focus on what is ...