The Association of Packing, Exporting and Marketing Entities of La Palma (Asepalma) positively assesses the commitment of Minister Ángel Víctor Torres to mobilise between 200 and 250 million euros, in line with the technical estimate of 223 million prepared by the sector and the Canary administrations.
The Association of Packing, Exporting and Marketing Entities of La Palma (Asepalma) has expressed its confidence that the Government of Spain will imminently activate the necessary resources for the reconstruction of the island's agricultural sector, following the meeting held last Thursday, July 9, in Madrid with the Minister of Territorial Policy and Democratic Memory, Ángel Víctor Torres.
A commitment quantified at 223 million euros
During the meeting, Torres expressed his willingness to seek budgetary mechanisms to complete the reconstruction pending since the volcanic eruption of 2021. Asepalma considers it “particularly relevant” that the minister places the economic needs between 200 and 250 million euros, a figure that coincides with the technical assessment of approximately 223 million prepared by the sector and the Canary administrations.
The meeting was attended by representatives from the ministries of Finance and Agriculture, as well as the President of the Canary Government, Nieves Lady Barreto; the Minister of Agriculture, Narvay Quintero; the special commissioner for the Recovery of La Palma, Héctor Izquierdo, and the Deputy Minister of Economic and Social Recovery of La Palma, Pedro Afonso.
“The participation of both ministries demonstrates that the solution is being addressed by the areas responsible for defining the budgetary coverage, the legal formula, and the effective application of the funds,” Asepalma states in a press release.
Confidence based on precedents
Asepalma recalls that Ángel Víctor Torres, who was the President of the Canary Government during the eruption, knows firsthand the situation of the affected families and the difficulties faced by farmers. The entity highlights that, so far, “when the minister has made a commitment to La Palma, he has followed through on that commitment,” which generates positive expectations about its materialisation.
For the farmers of La Palma, the activation of these funds is vital: many have still not been able to recover their banana, avocado, and vineyard crops, buried under lava or damaged by ash. The agricultural reconstruction not only involves recovering production but also restoring irrigation infrastructures and rural roads.
Coordination with the Canary Government
The entity appreciates the work of the Canary Executive, especially the President's advisor and the Minister of Agriculture, to coordinate the administrations and validate the requests of those affected before their transfer to the State. This step has been key to ensuring that the request arrives with verified technical data and a clear roadmap.
Now, the ball is in the central Government's court. Asepalma hopes that the first resources will be mobilised in the coming weeks, allowing farmers to begin the recovery of their operations before the end of the year. Meanwhile, in La Palma, people are crossing their fingers that this time the commitment does not remain on paper.

