Nicaragua has set sights on tapping into the global market for organic meat products by capitalizing on opportunities in the wake of food safety concerns in Brazil, the world’s biggest meat exporter, Ambassador William Tapia Aleman said at the Taipei International Food Show (Food Taipei, 台北國際食品展覽會).
Worldwide, organic meat could generate up to US$5 billion in annual sales, while market demand is slated anticipated to continue growing at an annual rate of 20 percent, the ambassador said.
The Nicaraguan beef sector has a strong orientation towards exportation, and our producers are targeting growing demand for high quality beef with reduced fat content, the ambassador said.
Photo: Staff
“Nicaraguan organic beef is produced from cattle fed on natural grasses and grains, while our suppliers have already adopted manufacturing practices ensuring that products meet the highest quality and food safety standards and are free of pesticides and synthetic hormonal additives,” the ambassador said.
To leverage the benefits of the Free Trade Agreement (FTA), the quality of Nicaraguan exports to Taiwan are backed by certification of origin and a rigorous quality assurance process, he added.
To further the effort, Nicaragua’s beef produces, such as Carnes San Martin, has been transitioning to higher value-added beef product segments, said Taiwan-Nicaragua Chamber of Commerce Representative Enrique Zamora, who leads the delegation of 6 companies to the trade show in Taipei.
Zamora, who also serves as a director at Banco LAFISE, said that demand for the lender’s export financing services have seen rapid growth in recent years, as Nicaraguan producers raise investments to tap into new markets.
Investments are needed to ensure that all new products can retain quality over the 45-day journey on the seas to Taiwan, Zamora said.
This year, the Nicaraguan delegation is also showcasing cooked and raw whole lobsters and lobster tails, fresh and frozen whole fish, the ambassador said.
Nicaraguan will also be showcasing organic cocoa, whole grains, red silk beans, and black beans, as well as honey, the ambassador said, noting that the products are part of efforts at meeting the rising demand for more health conscious consumers.
He added that the products mentioned above are among the top export products to Taiwan, and are synonymous with superior quality in the Taiwan market.
The ambassador said Nicaraguan products can bring cost savings in raw material import cost reductions that may aid Taiwan’s efforts at expanding its exports.
Nicaragua and Taiwan’s trade relations date back several decades, beginning with a bilateral trade agreement signed in 1967 and an Economic Complementation Agreement signed inked in September, 1997, he added.
‘DENIAL DEFENSE’: The US would increase its military presence with uncrewed ships, and submarines, while boosting defense in the Indo-Pacific, a Pete Hegseth memo said The US is reorienting its military strategy to focus primarily on deterring a potential Chinese invasion of Taiwan, a memo signed by US Secretary of Defense Pete Hegseth showed. The memo also called on Taiwan to increase its defense spending. The document, known as the “Interim National Defense Strategic Guidance,” was distributed this month and detailed the national defense plans of US President Donald Trump’s administration, an article in the Washington Post said on Saturday. It outlines how the US can prepare for a potential war with China and defend itself from threats in the “near abroad,” including Greenland and the Panama
A wild live dugong was found in Taiwan for the first time in 88 years, after it was accidentally caught by a fisher’s net on Tuesday in Yilan County’s Fenniaolin (粉鳥林). This is the first sighting of the species in Taiwan since 1937, having already been considered “extinct” in the country and considered as “vulnerable” by the International Union for Conservation of Nature. A fisher surnamed Chen (陳) went to Fenniaolin to collect the fish in his netting, but instead caught a 3m long, 500kg dugong. The fisher released the animal back into the wild, not realizing it was an endangered species at
The High Prosecutors’ Office yesterday withdrew an appeal against the acquittal of a former bank manager 22 years after his death, marking Taiwan’s first instance of prosecutors rendering posthumous justice to a wrongfully convicted defendant. Chu Ching-en (諸慶恩) — formerly a manager at the Taipei branch of BNP Paribas — was in 1999 accused by Weng Mao-chung (翁茂鍾), then-president of Chia Her Industrial Co, of forging a request for a fixed deposit of US$10 million by I-Hwa Industrial Co, a subsidiary of Chia Her, which was used as collateral. Chu was ruled not guilty in the first trial, but was found guilty
The Chinese Nationalist Party (KMT) is maintaining close ties with Beijing, the Democratic Progressive Party (DPP) said yesterday, hours after a new round of Chinese military drills in the Taiwan Strait began. Political parties in a democracy have a responsibility to be loyal to the nation and defend its sovereignty, DPP spokesman Justin Wu (吳崢) told a news conference in Taipei. His comments came hours after Beijing announced via Chinese state media that the Chinese People’s Liberation Army’s Eastern Theater Command was holding large-scale drills simulating a multi-pronged attack on Taiwan. Contrary to the KMT’s claims that it is staunchly anti-communist, KMT Deputy
RSS