Nicaragua aspires to be international trade center
The Agricultural Exchange of Nicaragua is aspiring to become an International Business Center.
Tuesday, December 23, 2008
They are seeking to regionalize the trading of commodities or raw materials for agricultural purposes both at the point of origin and destination.
The Nicaraguan Agricultural Commodity Exchange (BAGSA, after its initials in Spanish) will close 2011 with $625 million traded, 15% more than in 2010.
Sales of rice, cattle, wheat flour, meat and coffee made through BAGSA increased by 10% compared to the previous year.
In the first quarter of the year $175 million were traded in products such as coffee, milk, cattle and rice.
During last year, 2012, about $450 million was traded on the Agroindustrial stock exchange, 30% more than in the year 2011.
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