Nicaraguan Tobacco for China

14_Dinero_Pag2_2 003I
TODAY NICARAGUA – Increasing the amount of land planted, consolidating markets where there is already a presence and exporting cigars to China are part of the tobacco industry’s goals for 2015.

It is expected that in 2015 tobacco exports will grow by 5% and reach new markets such as those in China, Morocco and other Middle Eastern countries, where it is estimated that cigars would be very well received. These new destinations would join the 79 countries where sales are already being made. In 2013 total exports amounted to $227 million.

Elnuevodiario.com.ni reports that “… In terms of investment, the idea is to gradually increase the amount of land planted with tobacco in the country. Currently, it is estimated that there are about 10,000 hectares grown in that category in the country.” Regarding this Nestor Plasencia, president of the Nicaraguan Association of Tobacco, stated “… assessments are being made of land for tobacco cultivation in the area of Valle de Pantasma, among other areas. ”

- payin the bills -

He added, “… One market of interest is China, because it is a country where there is little presence. Several of the companies in the association are interested in increasing this market. ”

Source: elnuevodiario.com.ni

- paying the bills -
- paying the bills -

Related Articles

Nicaragua still the country with the greatest mobility in Central America in times of pandemic

TODAY NICARAGUA - Eight months after the first case of Covid-19...

Nicaragua restores 95% electricity service

TODAY NICARAGUA - After the damages caused by Hurricane Iota a...

MOST READ

Rosario Murillo: La Heredera (The Heiress)

Rosarion Murillo, the "eternally loyal" to her husband and political partner, Daniel Ortega. In a profile by Confidencial in October 2016, before her election as...

Better Air Connectivity Between Nicaragua and the US

The private companies' association is in talks with United Airlines to promote the opening of a route that connects Nicaragua with the east coast...

Nicaragua Unveils Central America’s Largest Baseball Stadium

Nicaragua has unveiled its long-awaited baseball stadium in Managua, replacing the former baseball field built in 1948. The new structure will hold up to...

Bianca Jagger Gets Into The Nicaragua Act Again

(American Thinker)  Remember Bianca Jagger? You know, the disco queen and former rock-star's wife turned leftwing "human rights activist" who was last seen mourning...

What Are Some of Nicaragua’s Popular Food?

TODAY NICARAGUA - Nicaragua is an interesting place, with a tumultuous history and a relatively peaceful present. and even if many things can be...

Nicaragua Praised by the IMF

The IMF noted the positive evolution of all the country's economic indicators, and the drastic fall in poverty, with an increase of 33% in...

Poll Shows Declining Expectations on a Nicaraguan Canal

According to the results of the most recent survey conducted by Cid Gallup, the Nicaraguan interoceanic canal project, a concession given to the Chinese...

Let's Keep This Going!

To be updated with all the latest news and information about Nicaragua and Latin America.

Log In

Forgot password?

Forgot password?

Enter your account data and we will send you a link to reset your password.

Your password reset link appears to be invalid or expired.

Log in

Privacy Policy

Add to Collection

No Collections

Here you'll find all collections you've created before.