DA allays fears of fish shortage

Agriculture Secretary Francisco Tiu Laurel assured canners, retailers and consumers of sustained availability of pelagic fish in the local market despite an order freezing the issuance of import permits for the said fish.

“The problem is diversion. If they imported mackerel and diverted it to the wet markets, they will fall short ,” Laurel said, adding that around 100,000 metric tons of the pelagic fish find their way to wet markets yearly. The problem, he added, is when some “crafty” importers diverted and sold part of their frozen fish inventory to wet markets, where the sale of marine products are exempted from value-added tax.

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