News

Mexico suspends shrimp imports from Central America, Honduras loses $7 million

Frozen Common Shrimp & Prawn
Seafood
Mexico
Regulation & Compliances
Market & Price Trends
Published Feb 15, 2024

Tridge summary

Honduras has raised concerns over Mexico's import restrictions on Honduran-farmed shrimp, which could potentially affect around 20,000 direct and 120,000 indirect jobs. Honduran shrimp farmers are planning a trip to Mexico City to legally address the issue. The Honduran government is also liaising with Mexico's foreign and economic ministries to resolve the situation. Mexico is a significant market for Honduran-farmed shrimp, accounting for 27% of its total exports.
Disclaimer: The above summary was generated by a state-of-the-art LLM model and is intended for informational purposes only. It is recommended that readers refer to the original article for more context.

Original content

The Honduras Tribune reported on February 5 that Amador said: "Our cooperation with Mexico in 2024 has started poorly. We hope that the problem can be resolved as it relates to food security. At least 20,000 people live in the south of Honduras." directly employed in this sector, and in addition, the sector provides another 120,000 indirect jobs.” Amador also said that representatives of Honduran shrimp farmers and their lawyers will travel to Mexico City, the capital of Mexico, in the near future to try to resolve Mexico's restrictions on the import of shrimp grown in Honduras through legal channels. Wilmer Cruz, president of the Association of Small and Medium Aquaculture Farmers of Honduras (Apemasur), said the association includes 177 shrimp farming companies with a total agricultural area of ​​2,000 hectares. “This is undoubtedly a disaster for the Honduran shrimp industry,” he said. Honduran Economic Development Minister Fredis Serrato noted that the decision and reversal of ...
Source: Fishretail
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