As a step towards adapting agricultural sector regulations to the country’s current challenges, and to capitalize on potential foreign investment, the Venezuelan Society of Agronomists and Food Engineers (SVIAA) has requested the National Assembly to include a reform to the Land and Agrarian Development Law (LTDA) on its discussion agenda. Legislative.

The president of the Venezuelan Agricultural Society (SVIAA), Saúl Elías López, indicated that the current regulations, enacted in 2001 and amended several times, “no longer meet the current needs of the Venezuelan countryside nor the demands of investors.”

The union leader believes that the Land Tenure Law (LTDA), which regulates land ownership based on criteria of social function and collective well-being, under the direction of the National Land Institute (INTI), “must be thoroughly reviewed to offer guarantees that will attract capital and reactivate production.”

An evaluation and reform of the law will lead to greater confidence and legal certainty for agricultural producers, as well as guarantee respect for private property.

López insisted that “Venezuela needs to generate confidence, to project the image of a safe country for national and foreign investment.”

M.Pino

Source: finanzasdigital

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La entrada Agronomy association calls for an update of land law apareció primero en Bitfinance.

The director of vegetables for the Confederation of Agricultural Producers Associations (Fedeagro), Emilio Breindembach, noted that during the first seven months of 2025, the sector grew 30 %.

According to the official, the leading vegetable crops are potatoes, onions, and tomatoes. Breindembach highlighted Fedeagro’s efforts to meet the national demand for vegetables.

He referred to a historic change in vegetable production in just a decade, as Venezuela previously imported around 85 % of its food supply. Currently, domestic production meets 97 % of consumer demand.

Regarding the distribution of produce to the various states, he reiterated that there are delays due to road problems.

M.Pino

With information from national media and social media

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La entrada Vegetable production in Venezuela increased 30 % apareció primero en Bitfinance.

In a recent meeting between the Venezuelan ambassador to Iraq, Arturo Aníbal Gallegos, and the Iraqi Minister of Agriculture, Abbas Jabr Al-Maliki, a memorandum of understanding was signed to strengthen trade cooperation between the two countries.

During the meeting, the Iraqi minister indicated that the nation is deeply interested in importing 400,000 head of Venezuelan cattle by 2025 to meet its people’s demand for protein.

This meeting addressed the need to “strengthen collaboration in livestock, beef consumption, and other agro-industrial areas.” The importance of “promoting bilateral private investment in the agro-industrial sector, enabling the development of productive capacities in Iraq with support from Venezuela’s experience,” was also highlighted.

The expansion of trade between the two countries includes the inclusion of strategic products “such as coffee, cocoa, and tropical fruits from Venezuela, while Iraq will offer its surplus wheat and dates.”

M.Pino

Source: ultimasnoticias

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La entrada Venezuela and Iraq agreed to strengthen agricultural and trade cooperation apareció primero en Bitfinance.

US tariffs on major powers and other countries around the world could allow nations like Brazil, Argentina, Paraguay, and Uruguay to benefit by filling the gap in large supply chains, particularly in the agricultural market.

These Latin American nations could take advantage of the trade war to emerge as new agricultural suppliers. Brazil, Argentina, Paraguay, and Uruguay “can benefit from the current tensions between economic powers by positioning themselves as alternative grain suppliers to the U.S. for major importers like China,” according to Máximo Torero, chief economist of the Food and Agriculture Organization of the United Nations, in an interview with Bloomberg Television last Tuesday.

According to the official, the region is experiencing a two-pronged situation: while on the one hand, “prices for basic commodities like wheat, corn, and soybeans remain stable, retail food prices are high due to the inflationary impact of other input costs like energy and transportation.”

M.Pino

Source: finanzasdigital

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La entrada Agricultural sectors in Latin American countries could benefit from US tariffs apareció primero en Bitfinance.

The Peruvian government, through the Ministries of Economy and Finance and Agrarian Development and Irrigation, presented 22 irrigation projects that seek to position the South American nation among the world’s leading food suppliers.

The ministers of both ministries, José Salardi and Ángel Manero, were responsible for presenting the irrigation proposals, as well as the incorporation of one million hectares into the agricultural sector, to be awarded in July 2026, to boost production.

Manero explained that approximately seven projects are expected to be awarded this year, while the remaining 12 will be delivered before July 28 of next year. Salardi specified that 85% of the investment promotion for the 22 projects will be carried out through the Public-Private Partnership (PPP) mechanism.

According to the participants in this meeting, the projects are aimed at benefiting agricultural producers in 14 regions. “Among the projects to be awarded are the Marañón Transfer (350,000 hectares), Pampas Verdes (200,000), Poechos (100,000), Chavimochic III (63,000), Chinecas (70,000), Poechos (100,000), and others. In addition, irrigation improvements are expected on more than 278,871 hectares.”

Salardi stated that the goal of these initiatives is to double “agricultural exports, considering that sales of $13 billion are expected this year” and double shipments to “more than $31 billion by 2040.”

M.Pino

Source: diariocorreo

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La entrada Peru could be among the world’s leading food suppliers apareció primero en Bitfinance.

With the aim of strengthening international cooperation and promoting sustainable development, Venezuela signed an agricultural agreement with representatives from Dubai and Switzerland.

The signing was carried out through the Ministry of the Social Process of Labor (MPPPST), the Ministry of Industries and National Production (MPPIPN), and the International Center for Productive Investment (CIIP) of Venezuela.

The CIIP stated that “this agreement seeks to guarantee food security, promote sustainability, and optimize the production and marketing of grains, with a focus on innovation, market expansion, and global distribution. It will also promote the development of healthier and more affordable products for consumers.”

At this meeting, a contract was also signed for the “reactivation of a plant dedicated to the manufacture of household cleaning products, located in the state of Aragua, to guarantee the supply of these products to the Venezuelan market for the next 10 years.”

M.Pino

Source:  globovision

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La entrada Venezuela signed an agreement with Dubai and Switzerland on agricultural cooperation apareció primero en Bitfinance.

The Chinese government’s response to the tariffs announced by Donald Trump is reciprocal. Starting February 10, the Asian country will apply a 15 % tax on US gas, oil and coal.

China will also apply taxes to other products, as well as to the agricultural sector. On the other hand, it announced an antitrust investigation against Google.

According to a statement from the Chinese Customs Commission, “a 15 % tariff will be imposed on imports of coal and liquefied natural gas. It will also impose a 10% tax on products such as crude oil, agricultural machinery, large-capacity cars and pickup trucks.”

Goods imported from the US will also be subject to a tariff. This is in addition to what the country’s Ministry of Commerce announced, regarding “the implementation of export controls on products related to tungsten, tellurium, bismuth, molybdenum and indium.”

Regarding Google, China announced a formal investigation for alleged violation of the national Antimonopoly Law.

M.Pino

Source: publico.es

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La entrada China announced tariffs on US products apareció primero en Bitfinance.

Peru will close 2024 with the fourth consecutive record in exports, having China, the United States and the European Union as receiving markets.

Growth in the export of goods from January to October was 14.5 %. This represents $ 60,168 million, thanks to “the greater volume exported (6.4 %) and the best prices (7.9 %), highlighting the growth in exports in the fishing (26.6 %), agricultural (23.3 %) and metal mining (15 %) sectors.”

The Minister of Foreign Trade and Tourism, Desilú León Chempén, has pointed out that Peru has far exceeded $73 billion in shipments and added that “this achievement is not only a sign of the hard work of the private sector, but of the actions promoted by Mincetur to provide companies with tools that strengthen them, as well as the effective commercial promotion strategy and, in this way, continue to open new markets for products.”

Exports by sector are: in the agricultural sector $9,667 million with products such as cocoa (296 %), coffee (60.8%) and fruit: blueberry (49.2 %), avocado (29.4 %), mandarin (26.7 %), and lemon/derivatives (41.7 %). The export of natural colorants (19.7 %) and rice (89 %) also increased.

In the fishing sector, which exported $3.302 million, anchovy derivatives were at the top, such as oil and flour (104 %), scallops (80.3 %) and frozen/canned fish (45.6 %).

In textiles and clothing, with $1.346 million (1.1 %), thanks to the higher export volumes (8.3 %), the items that stood out were clothing (2 %), fabrics (10.3 %) and fibers (0.1 %).

Iron and steel exports, which recorded sales of $1.492 million, showed an increase in the sale of refined copper wire (36.3 %), copper sheets (93.6 %), silver bars (83.2 %), scrap (102.3 %), and metal structures (38 %).

M.Pino

Source: americaeconomia

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La entrada Peru continues to lead exports for the fourth consecutive year apareció primero en Bitfinance.

In a recent report, the Central Bank announced that Brazil’s economic activity experienced a contraction of 0.06 % in September compared to the previous month, reaching its lowest point since January. The monthly index of economic activity, used to anticipate the trend of the Gross Domestic Product (GDP), indicated a growth of 1.1 % compared to the same month last year, according to seasonally adjusted data.

When analyzing the quarters, the largest Latin American economy recorded a decrease of 0.64 % between July and September compared to the previous three months.

Although the Central Bank increased its growth forecast for this year from 2 % to 2.9 % in September, attributing this adjustment to the solid performance of the agricultural sector, it warned that economic activity will weaken in the coming quarters. The projection now points to 1.8 % growth by 2024.

Although the federal government remains more optimistic, expecting economic growth above 3 % this year, especially after surprising growth in the second quarter, the long-term outlook suggests economic challenges on the horizon.

K. Tovar

Source: Bancaynegocios

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La entrada Brazil’s economy contracted in September apareció primero en Bitfinance.

Argentina signed this Friday with the Inter-American Development Bank (IDB) a financing program for key areas of the local economy, for the amount of USD 235 million.

The meeting between the Minister of Economy of Argentina, Sergio Massa, and the new president of the IDB, Ilan Goldfajn, was held during the Annual Meeting of the Bank’s Board of Governors that ended this Sunday in Panama.

The agency’s financing program will be aimed at key sectors of the country, such as “the program to Strengthen Agricultural Health Services and the Sustainable Management of Maritime Resources for 125 million dollars.”

The IDB allocation will help in the “control of pests that affect the country’s zoo-phytosanitary heritage” plans, in addition to strengthening the “diagnostic capacity of plant and animal health laboratories, and reinforcing research on oceanographic resources.”

Other areas that will also benefit from this financing are the Integral Management of Urban Solid Waste (MSW) program, which will receive USD 70 million, and the Support program for small wine producers, which will receive USD 40 million to promote the use of technologies and the marketing capacity of small and medium producers, among other objectives.

Massa took advantage of the event to meet with the Vice President of the European Investment Bank (EIB), Ricardo Mourinho Félix, in order to discuss the possibility of expanding the current credit line of USD 200 million.

M.Pino

Source: finanzasdigital

(Reference image source: IDB, dpa / Europa Press)

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La entrada Argentina will receive financing from the IDB for USD 235 million apareció primero en Bitfinance.