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

Published 2023년 11월 27일

Tridge summary

The Chilean aquaculture industry has been facing debates and conflicts between the government and the salmon industry, particularly regarding the legality of aquaculture in protected areas. The formulation of new regulations has been delayed until after 2024 due to the lack of consensus between government and industry opinions. This delay has resulted in a loss of trust between the industry and the government, leading to protests and job losses in the salmon farming sector.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

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 ...

Source: Foodmate