Argentina: The Naval Industry asked the CFP to complete the CITC renewal process

Published 2024년 10월 24일

Tridge summary

The Argentine Federation of the Naval Industry has joined the calls for the government to expedite the CITC renewal process for hake, a issue that has been under discussion in the Federal Fisheries Council for two months. The naval industry delegation raised concerns over the uncertainty caused by the delay in the individual quotas renewal for hake capture, arguing that it hinders ship-owners' confidence to invest in fleet modernization. The delegation presented the complexities of the sector, proposed solutions to enhance fishing development, and requested fair competition instead of imported used fishing boats. They also underscored the challenges such as the unprofitability of some fishing farms, import restrictions, and uncorrected industrial cost distortions.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

The requests for the government to speed up the CITC renewal process for hake, a scheme that has been stuck in the Federal Fisheries Council for two months, are no longer only coming from provincial administrations such as Buenos Aires and Chubut, or from the wide range of ship-owner chambers, but now also extend to sectors closely linked to fishing such as the naval industry. Last week, a delegation from the Argentine Federation of the Naval Industry met with part of the body of federal councilors to whom they raised their main concerns, including the uncertainty generated in the fishing sector by the lack of definitions regarding the renewal of individual quotas for the capture of hake. “It was requested that it be completed urgently to once again generate the predictability and legal security that ship-owners need to invest in fleet renewal,” confided one of the participants in the meeting, in response to a query from this media outlet. Representing FINA were Florencia Garrido, ...

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