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Nicaragua Finds Worldwide Shrimp Interest

by 5m Editor
26 March 2009, at 12:00am

NICARAGUA - Nicaraguan shrimp is set to conquer new markets, with Venezuela, China and Russia at the top of the list, announced the director of the Nicaraguan Institute for Fisheries and Aquaculture (INPESCA), Steadman Fagoth.

According to FIS news, Venezuela has already committed to purchasing the shrimp catch from 50 Nicaraguan vessels as China and Russia expressed a "serious interest" in Nicaraguan shellfish, the civil servant indicated.

The news agency reports that Fagoth did not give details on the price agreed upon with Venezuelan companies for each kilo of shrimp. He only stated that the business takes place "under a framework of complementariness, reciprocity and solidarity" that is the Bolivarian Alternative for the Americas (ALBA), to which Managua and Caracas belong, he explained.

Nor did he specify when the shrimp vessel landings will be exported to Venezuela.

On the other hand, Nicaragua will stop depending on the US market in shellfish matters in the "short term," he commented to EFE.

5m Editor