CLOSE

LAWYERS

SEARCH BY ALPHABETICAL ORDER

SEE ALL LAWYERS
CLOSE

PRACTICE AREAS

Fishery Alert – July 2019

ALERT - FISHERY

By virtue of Supreme Executive Order No. 007-2019-PRODUCE published on Wednesday, July 10, 2019, Sections 43 and 45 of the Regulation of the General Fishing Law (Supreme Executive Order No. 012-2001-PE) are amended. It should be mentioned the increase of fishing fees to be paid by industrial shipowners for catch of species for indirect human consumption (currently anchovy is the only authorized species for such purpose). The new value is obtained by applying 0.43% FOB value per ton of fish meal, calculated on the base of the monthly average price being reported by ADUANET. This new fishing fee means a 72% increase in respect to the previous value (0.25%) and will come in force from the second anchovy industrial fishing season of 2019.