Exporting companies will be proposing to the government of Daniel Ortega that the visit by the President of Taiwan, Ma Ying-jeou be used to request an increase in export quotas for agricultural products. In 2014 total exports to the Asian island amounted to $65.8 million.
Jose Adan Aguerri, president of the Superior Council of Private Enterprise (COSEP), told Eleconomista.net that “… We will raise the issue at a meeting we will have with the Productive Cabinet of the Government, (because) of the need to raise more fees on groundnut (peanut) and sugar. ”
“… Nicaragua and Taiwan have had a Free Trade agreement in place for seven years, with quotas set for peanut and sugar exports. ”