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Peru: Agro-exports likely to exceed US$6 billion by end-2017

Agroexportación. Foto:ANDINA/Archivo

Agroexportación. Foto:ANDINA/Archivo

15:34 | Lima, Sep. 21.

Peruvian agro-exports will surpass US$6 billion in 2017 paving its way towards reaching US$10 billion by 2021, Agriculture and Irrigation Minister Jose Manuel Hernandez projected Thursday.

According to the cabinet member, agriculture sector currently registers an increase in foreign sales.

"Agro-exports expanded 9.5% as at July 2017," he told RPP radio and TV news station.

As is known, said sector reached US$2.999 billion during the first seven months of the current year.

La Niña

The government official said that even though La Niña presence has not been confirmed yet, his portfolio has already activated the corresponding prevention programs.

During La Niña phenomenon, sea temperature across the equatorial Eastern Central Pacific Ocean is lower than normal by 3 to 5°C.

The Kuczynski administration also counts on a new frost and cold spell prevention plan, which seeks to avoid the negative effects in farming production, the minister concluded.

(END) MMG/MMG/JAA/MVB


Published: 9/21/2017
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