Government to Extend Aid to Agri-Food Sector Amidst Iran War Impact
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Insights by Echo AI
The Spanish government has conveyed its willingness to continue supporting the agri-food sector beyond the current Response Plan to mitigate the impact of the Iran war. This decision follows a meeting between Vice President Carlos Cuerpo, Minister of Agriculture Luis Planas, and representatives of various agri-food industry associations. The sector faces increased energy, raw material, and transport costs, with agricultural diesel up by 52%. The government is studying which aid measures to maintain, with organizations hoping for extensions linked to fertilizer use and reduced VAT.
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