Peru plans to boost agricultural investment by slashing income tax for large export companies from 29.5% to 15% over 10 years. The goal is to surpass mining as the country’s economic engine by 2050. Agriculture Minister Ángel Manero expects fruit exports to reach $15 billion by 2025, focusing on blueberries, table grapes, avocados, cocoa, and mangos. The country has $24 billion in irrigation projects to expand agricultural areas, aiming to sign a free trade agreement with India soon.

Read more at Yahoo Finance: Peru hopes to attract investment with tax cuts and sustain agro-export boom, minister says