The Executive approved the restitution of the price range to the importation of corn, sugar, rice and milk. The measure is intended to defend national production and guarantee the 2021-2022 agricultural season, said the Ministry of Agrarian Development and Irrigation (Midagri).
“It is the first trade defense measure for national agriculture carried out by a government in the last two decades, since the other governments have unprotected the agro in favor of the interests of importers ”, said Minister Víctor Maita.
One of the most important changes is raising the tariff ceiling of the mechanism from 20% to 40% for the four products, with which the strip recovers its ability to protect and stabilize prices in the face of international markets distorted by subsidies from countries of origin.
Eduardo Zegarra, head of the Midagri advisory cabinet, recalled that before there were no caps on the price range and it was in 2015 when the 20% limit was set. “That led to the dismantling of protection for national agriculture. The cap placed at that time becomes a very strong restriction on the price band, and now the Castillo government has proposed restoring its protective capacity ”.
Does not impact inflation
The Vice Minister of Economy, Alex Contreras, ruled out that the measure would have an immediate impact on inflation, since it would only be activated if there was a very strong reduction in international prices. “In those cases these additional variable rights would be applied, but there is no impact because current prices are well above the floors that the price range is setting,” he concluded.
The data
Dad. From Midagri they announced that anti-dumping measures are being evaluated for the importation of potatoes, for which they are in coordination with the producers.
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