PERU : The Executive on Sunday enacted the Law that Declares the Tuna Industry Development Boost as having National Interest, through the publication of the respective regulation in the official newspaper El Peruano.
In its unique article, Law 30788 states that "the boost to develop the tuna industry in the country is declared as having national interest, both in its catch phase, defined on the basis of sustainable quota, and processing."
The objective is to "promote competitiveness, make the increase of exportable production with added value viable and promote domestic consumption," says the text of the law.
The regulation approved by the Congress of the Republic, and which is now enacted by the Executive, bears the signature of President of the Republic Martín Vizcarra; and the head of the ministerial cabinet, César Villanueva.
According to the president of the Peruvian Chamber of Tuna, Alfonso Miranda Eyzaguirre, the tuna industry in the country could generate up to 30,000 new direct and formal jobs in the next four years, as a result of new investments that will be attracted to the scope of the new regulations.
"The declaration made by this law is a framework to promote the development of the country's tuna industry and make it one of the bastions of the economy and fisheries in Peru," he said.
According to the leader of the Chamber, which has just been formed, the investment of the tuna industry in Peru exceeded USD 80 million in the last four years and the annual catch of tuna is around 20,000 tonnes, a volume that is inferior to those from neighbouring countries.