Nicaragua in Arrears with the International Coffee Organization

The country’s main export product is left without a voice or vote in the international organization, and is at risk of being left out of development projects.

Friday, September 16, 2011

The debt held by the country for payments as a member of the organization is close to $200 000, and jeopardizes participation in development projects promoted by the International Coffee Organization (OIC in Spanish).

"Henry Hüeck, Ramacafé president, said that all previous governments have failed at some point to pay the fee. But he says that it was between 2006 and 2007 when the problem became complicated because the other OIC member countries have pushed for 'punishment' for Nicaragua because of this failure", reported Laprensa.com.ni.

Government sources consulted by the press said they are negotiating payment of debt.



More on this topic

Nicaragua: Coffee Producers Want to Improve Competitiveness

August 2011

Coffee farms are being renovated in order to increase production and compete better internationally.

$100 million will be needed to put the coffee farm renovation plan into place, according to Henry Hueck, from the Ramacafé organizing committee.

With the plan’s implementation coffee planting areas would be renewed, benefiting the country’s main export product.

Nicaragua Hosts Ramacafé 2009

September 2009

The coffee industry encounter will be held on September 3rd with the participation of over 500 growers.

It will take place in the Crowne Plaza Convention Center and aims to increase the level of competitiveness of coffee growers and maximize product quality.

Henry Hueck, president of the organizing committee, told newspaper El Nuevo Diario that "...

Nicaraguan coffee growers look to Asia

September 2008

Henry Hüeck, president of the Ramacafe 2008 Organizing Committee, said that they are already preparing for the visit by a group of Japanese businessmen next year.

Hueck pointed out that in southeastern Asian countries such as Korea, Japan, and the Republic of China on Taiwan have gradually been increasing their consumption of coffee.

Nicaraguan coffee growers seek solution for increasing costs

September 2008

The encounter is sponsored by Ramacafe and with coffee growers from Costa Rica, Mexico and Guatemala and Government officials invited.

More than 400 big and medium coffee growers from Nicaragua starting a three day meeting to discuss solutions for the increasing production financing and infrastructure costs faced by the leading sector of agricultural exports, reported the president of the organizing committee of the event, Henry Hueck.

 close (x)

Receive more news about Agronomy

Suscribe FOR FREE to CentralAmericaDATA EXPRESS.
The most important news of Central America, every day.

Type in your e-mail address:

* Al suscribirse, estará aceptando los terminos y condiciones


Take Back Your Life. Costa Rica $100,000 Income & Residency

Property has Everything – Location, Privacy, Ocean Views, Profitable Coffee, Waterfalls, 20 Segregated and Titled Building Sites, Farm Manager.
Very Profitable, $100,000, Coffee Farm, 70 Acre: 30,000...

Stock Indexes

(Apr 6)
Dow Jones
-5.60%
S&P 500
-5.10%
Nasdaq
-5.64%

Commodities

(Jan 27)
Brent Crude Oil
55.75
Coffee "C"
127.15
Gold
1,838
Silver
25.43