ESPACIO PUBLICITARIO
CARACAS, Tuesday November 22, 2011 | Update
 
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Agro-industry | In 2011, Venezuela has purchased 10,996 calves

Venezuela's meat imports from Nicaragua up 120% over 2010

The president of Nicaragua Ranchers Federation said that exports to Venezuela amount to USD 143 million

  EL UNIVERSAL
Tuesday November 22, 2011  04:10 PM


Nicaragua has exported 10,996 calves during 2011 to Venezuela -an increase of 120% compared to 2010, according to information provided by Salón Guerrero, the president of the Nicaragua Ranchers' Federation (Feganic).

Guerrero added that livestock exports to Venezuela totaled USD 143 million. This triples the amount recorded in 2010, stated DPA. The amount represents 24% of Nicaragua's total estimated bovine exports this year.

In 2010, Nicaragua earned USD 60 million from sales of 5,000 calves to Venezuela, within the framework of a cooperation agreement that includes the sale of large quantities of Venezuelan crude oil to Managua at preferential prices.

Guerrero stressed that Nicaragua-Venezuela ties have favored Nicaragua's stockbreeding sector, as bovine exports are highly priced in the Venezuelan market. Further, he noted that Nicaragua currently exports livestock to Venezuela and Central America. Finally, he added that as of 2012 Managua intends to tap the Asian and European markets, particularly Russia.

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The rock of discord

A shipment of over 30,000 tons of phosphate arrived at Puerto Cabello port in late July on board the Shi Long Ling, a Chinese-flagged vessel that began its long journey in northern Africa. The cargo boat docked on July 26 after traveling more than 3,200 nautical miles. Undoubtedly, this would just be considered one in many cargo ships crisscrossing the oceans if it were not for the fact that Venezuela has denounced Western Sahara occupation by Morocco and yet purchases the territory's natural resource products from the occupying power.

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