Chileans Interested in Nicaragua Products

A trade mission managed to secure Nicaraguan purchase intentions worth $7.8 million in the South American country in the following sectors: meat, shoes, rum, sugar and pottery.

Friday, April 27, 2012

"Among the Nicaraguan products that are in the greatest demand in Chile are beef, rum, footwear, ceramics, sugar and other agro products, as well as ‘rosquillas de maíz ‘ (corn chips or pretzels) for which negotiations are starting," reported the Center for Exports and Investments (CIS) according to Laprensa.com.ni.

The IEC said that they managed to agree on purchase intentions worth $7.8 million.

Alfredo Marin, president of Cadin (Chamber of Industry of Nicaragua) said that by the end of the year they are scheduled to begin marketing meat with the Andean country.



More on this topic

Nicaraguan Trade Mission to Chile

April 2012

A total of 17 Nicaraguan entrepreneurs and producers will take part in a trade mission to visit the Andean country from 16th to 19th April.

Beef, cigars, handicrafts, and organic products such as roselle and honey have "great potential to break into the Chilean market," said Roberto Brenes, general manager of the Export and Investment Center (CEI).

Restrictions Hit Cattle Farmers in Nicaragua

January 2012

Restrictions by Honduras, Guatemala and Panama on Nicaraguan beef exports have caused a reduction in revenues of about $60 million for exporters, who are demanding reciprocal measures to those countries.

Since 2010, Nicaraguan farmers have failed to collect about $60 million in profit due to the restrictions imposed by the authorities of Honduras, Panama and Guatemala on importing meat from Nicaragua, said industry leaders in the El Nuevo Diario.

Nicaragua Ratifies FTA with Chile

August 2011

Under the agreement, 96% of Nicaragua's export products will enter Chile duty-free.

The Legislative Assembly has ratified a Bilateral Protocol Initiative Decree between Nicaragua and Chile of the Free Trade Agreement between Central America and Chile, signed on February 22.

Dispute over EU Meat Quota Allocation

July 2010

The proposal to divide up the 9,500 ton EU allocation equally is rejected by Nicaragua.

Onel Pérez, president of CANICARNE (Nicaraguan association of beef producers), commented that 70% of meat exported from Central America comes from Nicaragua.

Pérez and Ronald Blandón, director of Nicaraguan cattle farming association, CONAGAN, will travel to Honduras to discuss the distribution of the quota with other Central American businessmen.

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