Government decision to cut decades-long fuel subsidies and implement tax and labor reforms, sparked mass protests affecting transportation, which inconvenienced shrimp packers.
Ecuador’s shrimp industry said operations are getting back to normal after more than a week of widespread political unrest that had at times hindered deliveries to packing plants.
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But the industry appears to have emerged largely unscathed after President Lenin Moreno’s decision to cut decades-long fuel subsidies and implement tax and labor reforms, sparked mass protests that paralyzed Ecuadorian transportation and other services.
“Due to public demonstrations, there has been some inconvenience for the transport of inputs to farms and shrimp to packers,” José Camposano, president of Ecuador’s Camara Nacional de Acuacultura trade body (CNA) said in an emailed statement.
“This situation was sustained for 24 hours, after which the mobilization has returned to normal. [We are] waiting for its full recovery in the next few hours.”
Protests spread after the Moreno administration decided to match the prices of fuel used for public transportation to that of freight transportation.
“That will have an impact, but this will not be significant in the costs of any of the products sold locally as for export: bananas, flowers, broccoli or shrimp,” Camposano added in the statement. “Therefore, we have not ourselves come out against government measures.”
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