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Business | 10 November, 2009 [ 10:55 ]

Peru ports strike left losses amounting US $250 million


LivinginPeru.com
Isabel Guerra

The 48-hour strike that was observed last Thursday and Friday by all the port workers in Peru (convoked by USP, their union) may have left economic loses amounting US $250 million, according to Alberto Ego-Aguirre, vice President of Lima's Chamber of Commerce.

Peruvian Exporters Association, ADEX, said that the losses for the exporters who could not ship their products reached US$140 million.

Importers who could not unload their shipments had loses, too. “The navy companies do not stop. If they can't unload here, they go to the next port and unload the cargo there. Then the importer has to pay to bring it here, and obviously this extra cost finally adds to the final price that consumers have pay,” said Ego-Aguirre.

According to Mario Arbulu, President of the National Ports Company, some partial attention was given to arriving ships, and 10 out of 21 incoming ships could be served, which mitigated the impact of the strike and avoided more losses.

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