Peru: The tax factor that threatens the tuna industry with its disappearance

Published Sep 13, 2021

Tridge summary

The Peruvian tuna industry is facing a crisis, as the growth projected for 2021 has stalled due to state policies and regulation non-compliance. The industry, which had planned to double its tuna processing quantities and employ over 70,000 people in 2021, has been negatively impacted by a 30% tax on invoices and the failure to enforce Law 28965. The tuna chamber is advocating for the prioritization of national products in state purchases to level the playing field and support the local industry.

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Original content

Alfonso Miranda Eyzaguirre, president of the Peruvian Tuna Chamber (CPA), details that there is a serious survival problem for the tuna industry, causing Peru, which was recovering regional leadership, to lose it for the second time. The growth of the Peruvian tuna market for this year has slowed down due to factors that have directly to do with state policies and non-compliance with regulations that remain in force to this day. “In 2007 we processed 475 tons of tuna and by 2018 we reached 40,000 tons of tuna. By 2007 we employed 500 people and by 2018 we reached 17,500 people. In 2007 we had total sales of US $ 900,000 and in 2018 we reached US $ 123 million ”, says Alfonso Miranda Eyzaguirre, president of the Peruvian Tuna Chamber (CPA). The projection for 2021 was to double the quantities processed, generate employment for more than 70,000 people and reach US $ 250 million in sales, both for exports and the domestic market. "But this was frustrated because in 2019 it was ...

Source: Pescaymedioambiente