Peru: Peru Publishes Aquaculture Regulation to Promote National Growth
On March 25, 2016, Peru published a regulation called the General Law on Aquaculture. This regulation is aimed to stimulate, guide, and regulate sustainable aquaculture in Peru. The regulation reached a national-level technical debate among government officials, industry, exporters, academia and 14 regional governments in response to Legislative Decree 1195 published August 30, 2015. This regulation is part of a National Diversification Plan to boost aquaculture’s exports by 20 percent over the next five years, providing aquaculture sector a set of clear rules for future development. As a result of this regulation, FAS Lima forecasts continued strong demand for U.S. soybeans and meals for the feed sector utilized by the aquaculture sector (i.e. trout, tilapia and shrimp).
Peru: Peru Publishes Aquaculture Regulation to Promote National Growth