Sunday, January 31, 2010

Peru International Reserves totaled US$ 34.78 billion by January 26


Peru's Net International Reserves (NIR) amounted to US$ 34.78 billion by January 26, US$ 1.64 billion more than December’s closing, the Central Reserve Bank of Peru (BCR) reported Saturday.

This increase was mainly explained by purchases of foreign currency at the Negotiation Table for US$ 1.38 billion.

In addition to increased public sector deposits (US$ 26 million) and by banks’ increased deposits in the Financial system deposits at BCR for a total of US$ 270 million.

By January 26, the BCR foreign exchange position was US$ 24.3 billion, US$ 1.34 billion more than December’s closing.

Between January 19 and 26, the daily average of the corporate interest rate, on 90-day term, increased from 1.58 to 1.60 percent in the domestic currency.

So far this month, the daily average of interbank interest rate in national currency has been 1.08 percent, lower than December’s average (1.24 percent). (Andina)

Friday, January 29, 2010

Private investment until 2011 adds up to $45 billion


The committed private investment in Peru until 2011 adds up to US$ 45 billion, as reported by the head of the Central Reserve Bank of Peru (BCR), Julio Velarde.

He mentioned that out of the total of the private investment between 2009 and 2011, $29 billion are already confirmed.

Velarde considered as improbable that the political risk affects the execution of the investments this year and trusted that in 2011 it won’t have an important impact.

In addition, he forecasted that the inflation would be around 2% this year due to the reversion of foreign impacts.

“This year will be very good for the Peruvian economy since we have a better scenario, and 2011 will be good as well if the projections are maintained,” he explained.
(Andina)

Thursday, January 28, 2010

Peru Rescues 600 Tourists Stranded in Machu Picchu


Peru airlifted 600 tourists stranded by floods near the Machu Picchu archaeological site this morning as more tourists arrived in the town seeking evacuation, Foreign Trade and Tourism Minister Martin Perez said today.

The government aims to rescue 400 more people by the end of the day, Perez told Lima-based Radioprogramas. About 670 tourists and 740 guides on the Inca trail hiking path will reach Machu Picchu today, swelling the numbers requiring evacuation, Perez said in comments reported by state news agency Andina.

The longest spell of heavy rain in 20 years in Peru’s southern Andes during the past week triggered flash flooding and landslides, blocking the railway and roads between Machu Picchu and the region’s largest city Cuzco.

“With the help of the weather, we could have all the tourists out in the next two days,” Transport Minister Enrique Cornejo told Lima-based Canal N television. “If water levels continue to fall, work on the rail line can commence.”

The rescue operation is being slowed because helicopters have had a difficult time reaching the town, which is located in a steep ravine, U.S. Ambassador to Peru Michael McKinley told Radioprogramas. Peruvian police and army helicopters can carry about 20 people at a time, while the six helicopters supplied by the U.S. Embassy can carry no more than eight, McKinley said.

“The best-case scenario implies the airlift could last three or four days more,” McKinley told Radioprogramas. “It looks like the weather is going to cooperate with the operation today.”

Partly-cloudy skies and showers are expected to continue through Jan. 31, according to Accuweather.com.

Chilean Air Force

Between 60 and 65 Americans were evacuated yesterday, leaving about 130 still waiting to leave, McKinley said. Thirty- five Chileans were also rescued yesterday and will fly from Cuzco to Iquique on a Chilean air force plane, Canel N said. About 250 Chileans remain, Canal N said.

Fifty Argentines have been evacuated by helicopter while nine Argentines that left Machu Picchu on foot were found in Santa Teresa, a neighboring town, Argentina’s Foreign Ministry said today in an e-mailed statement. Two Argentine air force planes were dispatched to Cuzco today, the ministry said.

Flooding caused by torrential rain has destroyed roads, bridges and harvests, and left entire towns uninhabitable. About 36,000 people have been affected, Alberto Bisbal, a director at the national civil defense authority, Indeci, told Canal N.

Falling Water Levels

The railway between Machu Picchu and Ollantaytambo, a transfer point for trains to the Inca ruins, remains flooded. Water levels in the Vilcanota River, which runs alongside the railway, have begun to fall after rising to the highest level inr 50 years, Cornejo said.

Orient Express Hotels Ltd.’s Peru Rail unit, one of three companies operating shuttles to Machu Picchu, let tourists shelter in its wagons at the town’s train station, and provided them with food, telephones and Internet access, Chief Executive Officer Armando Pareja told Radioprogramas.

Tourists sat, ate and slept on the floor of the town’s main square today waiting their turn to be evacuated. Others helped rebuild defenses along the bank of the Vilcanota River, which has eroded parts of the bank, damaging roads and buildings.

Bloomberg - John Quigley
To contact the reporters on this story: John Quigley in Lima at jquigley8@bloomberg.net

Wednesday, January 27, 2010

Transition to digital TV scheduled for March 30


The launch of digital terrestrial television (DTT) in Peru is scheduled for March 30, TV Peru (Channel 7) will be the first channel to have its analogue signal turned off at digital switchover under the ISDB -T format. At first, Digital TV signal will be broadcast only in Lima and Callao.

Through this signal, ATV (Channel 9) will live-broadcast FIFA World Cup South Africa 2010, Frecuencia Latina (Channel 2) will do the same with the Volleyball World Championship scheduled for mid-2010.

Finally, America TV (Channel 4) will air the popular Peruvian soap opera “Al fondo hay sitio", said Peruvian deputy communications minister Jorge Cuba Hidalgo.

"We have speeded up the implementation of the DTT plan to complete it in a shorter period of time than in other countries of the region”, he said in statements to El Comercio daily.

The Ministry of Transport and Communications leads the team comprised of technicians from different channels, TV and TV decoder manufacturers, retail chains and retailers of electrical domestic appliances holding membership to The Lima Chamber of Commerce", he explained. (Andina)

Monday, January 25, 2010

Peru to Evacuate Tourists After Machu Picchu Flooding


Peru’s government plans to evacuate 1,950 tourists stranded near the Machu Picchu archeological site following flash floods, Foreign Trade and Tourism Minister Martin Perez said today.

Air force and police helicopters will airlift tourists unable to return to the nearby city of Cuzco by rail after the southern Andean region experienced the heaviest rains in 15 years, Perez said. Three hundred tourists have been forced to abandon their hike along the Inca trail, about 7,700 feet above sea level, to Peru’s biggest tourist attraction, he said.

Rising river levels following heavy rainfall in the last few days flooded the railway line between Cuzco and Machu Picchu, causing Orient Express Hotels Ltd.’s Peru Rail unit to halt services along the route, state news agency Andina reported.

”Our priority is to airlift tourists out of Machu Picchu so they can return to Cuzco,” Perez told Canal N television.

The 15th-century Machu Picchu citadel attracts more than 700,000 visitors a year, according to the Foreign Trade and Tourism Ministry. Tourism is Peru’s fourth-largest source of revenue, earning about $2 billion in 2008, according to the ministry.

Bloomberg - John Quigley
To contact the reporters on this story: John Quigley in Lima at jquigley8@bloomberg.net

Sunday, January 24, 2010

TASA, Austral Group led Peru's fishery exports in 2009


Tecnologica de Alimentos (TASA) company led Peru's fishery exports in 2009 totaling $334.6 million, 5.12 percent less as compared to the previous year, reported Saturday Peru's Foreign Trade Society (ComexPeru).

The second most important source of exports was Austral Group, which totaled $161.4 million, 2.16 percent less than in 2008.

Corporacion Pesquera Inca ranked third, exporting $159.8 million, 7.80 percent less, while Pesquera Diamante exported a total of $146.2 million, 8.5 percent more, ranking fourth.

In fifth place was Pesquera Hayduk, which exported $136.3 million in 2009, 24.4 percent less than in 2008.

According to Comex, companies exported a total of $1.8 billion in 2009, 12 percent less than the previous year.
(Andina)

Peru's ceviche offered in 465 restaurants throughout the US


Peruvian ceviche is currently offered in 400 restaurants all around the United States, 65 of them are located in Texas.

It has not reached yet the popularity levels of Japanese sushi, but it is becoming widely recognized because of its distinctive flavors, due to lime juice and chili pepper, according to José Peña, chef from “Máncora” in New York.

“Ceviche is from the coast of Peru and the ocean,” Jose Peña, chef at Mancora in New York City said, adding that peppers, garlic, cilantro, red onions and other accouterments, depending on regional inflections, enliven the fresh seafood and citrus mixture.

The review remarks that the preparation of ceviche is less complicated and elitist than Japanese sushi, and quotes Claudia Reaño, another Peruvian chef, who says “Peruvian food will be the next boom. It’s just a matter of time.” (Andina)

Saturday, January 23, 2010

South Korea’s $12 billion energy investment plan could include Peru


South Korea announced a record $12 billion expenditure program for overseas investments in energy and resources worldwide which could include Peru.

The state-run Korea National Oil Company will look to spend $6.5 billion of the total to fuel its expanding economy, according to a statement from the country.

KNOC is already in talks with major companies and could have its first deal midway through 2010. This news comes as South Korea and Peru continue negotiations to finalize a free trade agreement by the end of the year.

With recent acquisitions in Peru, the program will target further investments in South America, reported livinginperu.com.

South Korea’s Ministry of Knowledge Economy has said the focus will be acquisitions of existing companies and taking stakes in producing fields.

In February 2009, KNOC and Columbia-based Ecopetrol formed a joint venture to buy Peru’s Petro-Tech in a deal worth $900 million. At the time, oil prices were below $40 per barrel.

The deal included 10 areas for potential exploration and 12,000 barrels of oil per day from an offshore field.

Peru represents a strategic place for investment for South Korea and other Asian countries because of its location in South America. Peru has become a gateway to the continent for shipping and trade that includes transportation of hydrocarbons.

South Korea imports most of the resources and raw materials it consumes and is pursuing the aggressive acquisitions in a plan to obtain energy self-sufficiency. (Andina)

Peru International Reserves amounted to US$ 34.77 billion by January 19


Peru's Net International Reserves (NIR) amounted to US$ 34.77 billion by January 19, US$ 1.6 billion more than December’s closing, the Central Reserve Bank of Peru (BCR) reported Saturday.

This increase was mainly explained by purchases of foreign currency at the Negotiation Table for US$ 1.2 billion.

In addition to increased public sector deposits (US$ 182 million) and by banks’ increased deposits in the Financial system deposits at BCR for a total of US$ 97 million.

This increase was also explained by the higher valuation of investments (US$ 74 million).

By January 19, the BCR foreign exchange position was US$ 24.8 billion, US$ 1.3 billion more than December’s closing.

Between January 12 and 19, the daily average of the corporate interest rate, on 90-day term, decreased from 1.65 to 1.58 percent in the domestic currency, reaching its lowest level.

So far this month, the daily average of interbank interest rate in national currency has been 1.09 percent, lower than December’s average (1.24 percent). (Andina)

Friday, January 22, 2010

Minera IRL says Peru gold mine beats expectations


Peruvian-focused Minera IRL says production results from its Corihuarmi gold mine have beaten expectations.

Gold production for 2009 totalled 33,012 ounces at a cash cost of $341 per ounce. Production for the fourth quarter of 10,259 ounces exceeded budget by 18%.

Quarterly cash operating costs of $248 per ounce were 23% below budget. Gold sales prices for the quarter averaged $1,107 per ounce.

Chairman Courtney Chamberlain said, 'Corihuarmi continues to perform well above our expectations.

'The December quarterly gold production was easily our best in 2009 with cash operating costs falling below $250/ounce. This coincided with a time of record gold prices in which we averaged over $1,100 per ounce for our December quarterly gold sales.

'The strong cash flow from Corihuarmi is an important factor in funding the continuing large drilling program at our Ollachea project in southern Peru as we move into the pre-feasibility stage.

'We are also well positioned for the imminent commencement of drilling and a pre-feasibility program at the newly acquired Don Nicolas Project in Patagonia.' (Andina)

Thursday, January 21, 2010

Peru recovery to benefit from stronger demand for commodities, FTA with China


Peru’s recovery will benefit from stronger demand for commodity exports, particularly in Asia, and the Free Trade Agreement with China to take effect within the next days, the World Bank reported Thursday.

According to the report “Global Economic Prospects 2010: Latin America and the Caribbean, the Free Trade Agreement with China will further boost exports, in particular those of fishmeal and minerals.

Likewise, government consumption and investment should be firm in 2010 as the government maintains efforts to support economic growth through new spending on public works and social programs.

The World Bank says this new spending on public works and social programs should remain a high priority ahead of the April 2011 presidential and congressional elections.

Small open economies like Chile are likely to benefit most from the global economic recovery because their business cycles are highly correlated with the global economy.

The tourism sectors in many countries in the region are expected to stage a recovery after a sharp decline in tourist arrivals in 2009.

Although a recovery in Mexico’s tourism sector may weaken the recovery in some of the Caribbean countries that had seen a lower-than-expected decline in tourist arrivals in 2009, as they managed to attract tourists by offering discounted packages.

GDP growth in the region is projected to accelerate to 3.1 percent in 2010, following an estimated 2.6 percent contraction in 2009, but growth will not regain the growth rates recorded during the boom years, in part because of weaker investment growth.

The shape of the recovery will, to a large extent, be determined by the growth path of the United States and other major economic partners of the region.

Growth is expected to remain strong for the next couple of quarters but to weaken in the second half of 2010, as the impact of stimulus measures and the rebuilding of depleted inventories cease to bolster growth.

Economies more integrated through trade and financial linkages with the global economy, which have been the worst affected by the global downturn are expected to benefit most from the global economic recovery.

“The region’s exports are projected to rebound strongly, expanding by 7.8 percent in 2010 as demand from major trading partners recovers,” predicted the World Bank.

Higher commodity prices will also benefit commodity exporters in the region, easing pressures on external balances and in some cases fiscal balances.

However, a weakening of growth momentum or even a double dip in high-income countries could lead to a deceleration in export growth in the second half of 2010 and into 2011. (Andina)

Tuesday, January 19, 2010

Peru prepares entry of 112 products into international markets


Peru's National Service of Agrarian Health (Senasa) is embarking the entry of 112 Peruvian products -of both animal and plant origin- into several markets in the Americas, Asia and Oceania, reported today the head of this government agency, Oscar Dominguez.

Last year, 10 new products were exported to overseas markets: Chile (egg products), Bolivia (food for domestic cats, newborn ostriches), United States (evaporated milk), Argentina (Interlaboratory test samples), Colombia (bovines), Panama (ornamental birds), Ecuador (horses for competition or sport), Australia (alpaca fiber) and Samoa (fresh meat).

Senasa has managed the entry of 11 vegetable products to Singapore (mango, citrus and avocado), Chile (squash, gherkin, melon and watermelon), Bolivia (fresh grapes) Canada (strawberry) and Uruguay (quinoa seed).

Only in the case of vegetable goods Senasa is negotiating with Asia (China, Japan, Korea, Taiwan, Philippines and Israel) and Oceania (New Zealand), he told Andina news agency.

In America, the country to hold more fruitful negotiations with Peru is Brazil followed by Argentina, United States, Canada, Mexico, Chile and Costa Rica, Honduras, Paraguay, Ecuador, Panama and Uruguay, he noted.

According to Dominguez, the most heavily disputed products in negotiations are avocados, citrus, mangoes, grapes, potatoes
, kiwicha, among others. (Andina)

Monday, January 18, 2010

Magistral copper project in Ancash to demand US$402 million investment


It is needed an initial investment of US$402 million so Magistral project, located in Ancash, can achieve an annual production of 75.2 million pounds of copper concentrate, 6.3 million pounds of molybdenum concentrate and 380.000 ounces of silver concentrate, Peru's Energy and Mines Ministry (MEM) reported Sunday.

In that sense, the President of Inca Pacific Resources of Canada, Andre Gauthier, said that up to now they have invested more than US$40 million in this project located 450 kilometers from Lima and more than 4,000 meters above sea level.

He pointed out that the company approved an Environmental Impact Assessment (EIA) study by the MEM, adding that the Canadian company has professionals that guarantee the best conditions to protect the environment.

Gauthier said that exploration activities have been conducted on lands with an area of 67,000 meters, finding seams of copper and other minerals such as molybdenum and zinc.

He added that Inca Pacific Resources has active presence in the area of Magistral project, and they have established a Social Fund to improve the living conditions of the populations of the two communities near the mine. (Andina)

Friday, January 15, 2010

India's Minister of State for External Affairs to visit Peru this month


India's Minister of State for External Affairs Shashi Tharoor will pay an official visit to Peru on January 20 - 22.

Tharoor will visit Peru at the invitation of Foreign Minister Jose Antonio Garcia Belaunde ans is expected to meet with President Alan Garcia Perez and other Ministers of his Cabinet.

"Tharoor will hold the first India-Andean Group dialogue during the Peruvian Presidency of the Andean Group beginning this year," stated an MEA communique on Friday.

An MoU for setting up of an Indian IT centre in Peru and an agreement between Indian Council of World Affairs (ICWA) and Peruvian Centre for International Studies (CEPEI) will be signed during the visit.

Tharoor will also visit Colombia and the Dominican Republic this month, according to Calcutta News.Net.

He will visit Colombia at the invitation of the Foreign Minister of Colombia, Jaime Bermudez. Both the leaders are scheduled to hold talks.

During his visit Tharoor will also call on President of Colombia Álvaro Uribe Vélez and other Ministers of his Cabinet.

"The visit coincides with the celebrations of the establishment of 50th anniversary of diplomatic relations between India and Colombia," stated the MEA communiqué.

An Agreement for Cooperation in Health will be signed which will provide opportunities for joint research in medical health as well as open up further opportunities for Indian Pharma companies in Colombia.

http://andina.com.pe
http://todayinperu.blogspot.com
jlhurtadov@gmail.com

Thursday, January 14, 2010

Air Europa submits application to start Madrid-Lima flights


Spanish airline Air Europa submitted to the General Administration of Civil Aeronautics (DGAC) its application for approval to offer flights to Peru covering the Madrid-Lima route, Peru's Ministry of Foreign Trade and Tourism (Mincetur) reported Thursday.

“On Wednesday, Air Europa submitted an operation request in Peru and plans to have three flights per week in Airbus A330 planes with a capacity of 294 people,” Peru's Minister for Foreign Trade Martin Perez said.

He pointed out that DGAC will have now 90 days to issue a statement on the application submitted by Air Europa and it is expected that they can join the Peruvian market.

“We expect that the DGAC can issue a statement before this term; this will help us in our intention to attract more tourists,” he said.

Minister Perez said that although it is necessary to open the door to new investments of airlines, the DGAC must guarantee that the company meets all the safety standards required for their operations.

http://andina.com.pe
http://todayinperu.blogspot.com
jlhurtadov@gmail.com

Wednesday, January 13, 2010

Peru to send 54 tons of humanitarian aid for Haiti


The Peruvian Government will send two planes with humanitarian aid consisting of food and medicine for those affected by the 7.0-magnitude earthquake that hit Haiti on Tuesday, Peru’s Prime Minister Javier Velasquez Quesquen said Wednesday.

The Premier pointed out that a Hercules plane with 50 tons of food will leave Peru in the next hours.

In a press conference on Wednesday, Velasquez Quesquen mentioned that the presidential plane will also leave for Port-au-Prince carrying 4 tons of medicines for those affected by this quake.

He added that the Executive Power is planning to send a third shipment with food and emergency relief equipment in a plane of the Peruvian Navy.

http://andina.com.pe
http://todayinperu.blogspot.com
jlhurtadov@gmail.com

Tuesday, January 12, 2010

Peru's 2010 GDP growth seen at about 5%


Peru's gross domestic product is expected to expand by about 5% or more this year, while inflation will be between 1.5% and 2%, Finance Minister Mercedes Araoz said Tuesday.

"From about 5% to 5.5%. These are our calculations. The Central Reserve Bank and the main international financial institutions are all making their calculations for Peru at between 5% and 5.5%," she said.

Peru's GDP is expected to have expanded by about 1% last year, following 10% growth in 2008.

Araoz, previously production minister, was appointed finance minister in late December

http://andina.com.pe
http://todayinperu.blogspot.com
jlhurtadov@gmail.com

Sunday, January 10, 2010

Peru International Reserves totaled US$ 33.13 billion at 2009 closing


Peru's Net International Reserves (NIR) amounted to US$ 33.13 billion at 2009-closing, US$ 1.93 billion more than the previous year’s closing, the Central Reserve Bank of Peru (BCR) reported Saturday.

These figures were higher than those reported in 2008 due to higher public sector deposits (US$ 1.03 billion).

The BCR’s foreign exchange position by the 2009-closing was 22.98 billion dollars, 1.62 billion more than the figure recorded at the end of 2008.

In December, the average of the 90-day corporate rate in domestic currency was 1.7 percent, lower than the 7.5-percent rate posted in the same period of 2008; while this rate in dollars was 1.2 percent, lower than the 5.2-percent rate posted in December, 2008.

So far this year, the average daily interbank interest rate in soles was 1.24 percent, equal to the average rate of December, 2009.

http://andina.com.pe
http://todayinperu.blogspot.com
jlhurtadov@gmail.com

Friday, January 8, 2010

Inca Trail to Machu Picchu among top five greatest adventure trips in the world


Peru’s Export and Tourism Promotion Board (PromPerú) announced Friday that a jury of the UK's top explorers, adventurers, and award-winning writers has selected the Inca Trail to Machu Picchu as one of the ten world’s greatest adventure trips, ranking fifth on that list.

For the past two months, a jury panel comprising eminent personalities such as Tony Wheeler –the founding publisher of the famous travel book Lonely Planet- have been assessing the most intense adventures on the planet.

The list was drawn up on behalf of Adventure Travel Live, which takes place at the Royal Horticultural Halls, London, on 29, 30 and 31 January 2010.

"Whatever tribulations the economy may deliver, the British spirit of adventure is alive and well. Travellers are turning their backs on the beach and going to extremes to satisfy a craving for adrenalin-fuelled experiences," said one of the judges, Simon Calder.

The Inca Trail to Machu Picchu occupies the top five position in the list and is part of an Inca roads system of more than 30,000 kilometers that integrated the vast empire of Tahuantinsuyo

It is believed that the Inca and his royalty moved across this road to the sacred city of Machu Picchu, the highest point on the journey.

"Popular though this three-day trek is, nothing can prepare you for the awesome first sight of the 'lost' city of the Incas as you round the trail on the last day, seeing it perched high above the Urumaba with the mist swirling around it," stated Bryn Thomas, another judge.

The jury have selected the world's greatest travel adventure as "staring down into the smouldering eyes of a tiger from the back of an elephant in India's Kanha National Park".

And the chance of getting close to a tiger in the wild - while such a possibility exists - was judged to be even more thrilling than skiing down a live volcano on the Japanese island of Hokkaido or diving with hammerhead sharks in the Galapagos.

Another wildlife experience - an encounter with mountain gorillas in Rwanda - took fourth place, just ahead of two great hikes that shared fifth spot: the Inca Trail to Machu Picchu in Peru, and the Larrapinta Trail in Australia's Northern Territory.

"The ultimate railway adventure," Russia's Trans-Siberian, took seventh place, just ahead of hot-air ballooning over Tanzania's Serengeti. A hike through the Indian Ocean island of Madagascar took ninth position, while South America's third appearance completed the top 10: exploring the wildlife of Brazil's Pantanal.

The judges were: Hilary Bradt (adventure guide and publisher); Paul Goldstein (tour leader and award-winning photographer); Benedict Allen (explorer and television presenter); Tim Fryer (land product manager, STA Travel); and Mark Smith (award-winning rail expert).

In addition to Tony Wheeler (Lonely Planet founder); Simon Calder (travel writer and broadcaster); Paul Rose (explorer and adventurer); Perry Wilson (founder, Insure & Go); Bryn Thomas (guidebook writer and publisher).

http://andina.com.pe
http://todayinperu.blogspot.com
jlhurtadov@gmail.com





Videos: Youtube - krissopradster

Tuesday, January 5, 2010

International Scientific Meeting begins today in Lima


The International Scientific Summer Meeting (ECI 2010v) “Ronald Woodman Pollitt”, a four-day event hosted by Peru's National Centre for Strategic Planning (Ceplan) with the aim of contributing to the country's development, begins today in Lima, Peru.

The opening ceremony will be attended by Peru’s Prime Minister Javier Velasquez Quesquen, Environment Minister Antonio Brack and Ceplan President Agustin Haya de la Torre.

Foreign speakers include Carlos Gho, Nuclear Development Manager at Argentina's Atomic Energy Commission; David L. Hysell of Cornell University in New York; and Francisco Garcia Fernandez of the Universidad Politécnica de Madrid.

Representing Peru will be Ceplan President Agustin Haya de la Torre and former rector of Universidad del Pacifico, Carmen Rosa.

The opening ceremony will be held at Los Incas auditorium of the National Museum from 17:00 hours.

http://andina.com.pe
http://todayinperu.blogspot.com
jlhurtadov@gmail.com

Monday, January 4, 2010

Peru aims to export 10,000 tons of Hass avocado to US this year


Peru would export at least 10,000 metric tons (MT) of fresh Hass avocado to the United States this year after the signing of bilateral phytosanitary agreements allowing the free entry of Peruvian avocados to one of the world's largest markets, said Peru’s Association of Avocado Producers (Prohass).

Prohass official Juan Jose Galino said that negotiations to export avocados to the American market took more than nine years, where the public and private sectors worked together to meet the required standards by the United States Department of Agriculture.

During this entire period, Prohass invested significant amounts of money to pay, for instance, the analysis of risks of plagues, among others.

“According to our estimations, the 2010 harvest season (from April to August) will be the first benefited with the lifting of phytosanitary barriers. From the estimated total production that rises to 50,000 MT of fresh Hass avocado, some 10,000 MT are planned to be sent to the United States,” he told to Andina.

Once the phytosanotary protocols are totally implemented in next April, Prohass will start to make some commercial scale tests.

“Although 2010 will be a year of evaluations and transition, we are sure that 2011 will be much better since we will have the appropriate experience and therefore the Hass avocado exports to the United States could double and total 20,000 MT,” said Galino.

http://andina.com.pe
http://todayinperu.blogspot.com
jlhurtadov@gmail.com

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