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Trade News

Each day TFO Canada publishes a sample of trade news on the Canadian import market along with any new, updated or changed regulations and legislations regarding international trade; countries in which TFO Canada offers services and on the export sectors which it promotes.

 

Peruvian trade group suggests $1 billion shrimp investment

Wednesday, November 15, 2017 > 10:17:30
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UnderCurrent News

A seafood-focused trade group in Peru has suggested that the country's shrimp farmers invest nearly $1 billion to dramatically step up the sector's productivity and capability, the newspaper Expreso reported. 

The investment, according to the Comité de Pesca y Acuicultura de la Asociación de Exportadores, known by its Spanish abbreviation Adex, would allow for the country to pursue intensive shrimp cultivation.

"Now, the objective is to provide a better supply of exports that will allow us to reach optimal conditions for new markets; above all the biggest is China,"  Henry Quiroz, the group's president said.


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