Leather Footwear Industry

The export restrictions on leather enacted in Nicaragua have allowed for a 7% increase in the activities of shoe factories in 2012.

Wednesday, December 12, 2012

Laprensa.com.ni reports that the "export restraints on hides and skins, adopted by ministerial agreement on 9 November, is already yielding positive results for the national production of footwear, which will have increased by seven percent this year, five percent higher than 2011. The agreement between the Ministry of Development, Industry and Trade (Mific) and national leather sector, reflects the need to restrict the export of these types of skins to the foreign market, for a period of one year and exported only ten percent of the national production of raw hides. "

Alejandro Delgado, president of the National Chamber of Leather Shoe Industry and Associated Products (Cancunic), said: "We were without stocks in the last two years because the tanneries were prioritizing the international market and this new approval has addressed the crisis."

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