The Inter-American Development Bank (IDB) has approved a 125-million dollars loan to help Argentina strengthen its agricultural health services and enhance the sustainability of its marine resources. The loan will benefit over one million private-sector parties in the agricultural industry, such as primary agricultural producers, industrial establishments, service providers, logistics and transportation firms, and members of the different agro-food chains.

The program aims to bolster pest control to safeguard the country’s zoo-sanitary and phytosanitary assets, expand the diagnostic capacity of plant and animal health laboratories, and support research on the resources in the country’s oceans. It also aims to mitigate the potentially negative effects of climate changes on fisheries.