Asia > Eastern Asia > China > Quinoa production to benefit both countries

China: Quinoa production to benefit both countries

2013/03/01

China and Bolivia began talks on quinoa to invest in the production and industrialization of the Andean "golden grain".

Conference Bolivian Rural Development Minister Nemesia Achacollo, China's Ambassador to Bolivia Li Dong said the two nations could work together on quinoa production to benefit both peoples.

Quinoa, native to Chile, has been cultivated in the Andean highlands since at least 3000 BC. It grows best at high altitudes in climates with cool days and even cooler nights.

The Bolivian minister as well said he would continue talks over quinoa production during his upcoming trip to Asia, inclunding China, Japan and South Korea.

Quinoa is Bolivia's sixth major non-traditional export. In 2012, Bolivia harvested nearly $80 million from the sale of some 26,000 tons of quinoa, according to the Bolivian Foreign Trade Institute.

The United Nations designated 2013 as the International Year of Quinoa at an event held last week in New York, attended as well by Bolivian President Evo Morales.

Related Articles
  • United States sees China investment talks ‘productive’ after new offers

    2016/06/20 Bilateral investment talks between the United States and China “continue to be productive,” the US Trade Representative’s office said on Friday next the two sides exchanged new offers this week. A USTR spokeswoman said US and Chinese negotiators exchanged revised “negative lists” of sectors that would remain off-limits from foreign investment as they try to reach a transaction for a bilateral investment treaty.
  • Djibouti partners with China to develop local infrastructure and global trade routes

    2016/06/18 Djibouti has recently inked an agreement with China to streamline the East African country’s Customs systems, in a bid to consolidate its position as a logistics and trade centre for the region. The agreement comes as Djibouti channels some $14bn worth of investment – inclunding over $1bn worth of concessional financing from Chinese banks ­– for a spate of major infrastructure projects, ranging from free trade zones to a new railway and port facilities. The new Silk Road
  • Asia Property Bond Market Enjoys Strong Momentum from Stock Market Volatility

    2016/06/12 Chinese Developers Delay Bond Maturity, Deficit to Peak in 2020
  • Forty-six Chinese-owned companies registered in Guinea-Bissau

    2016/06/11 The Company Formalisation Centre (CFE) of Guinea-Bissau from May 2011 to May 2016, registered 46 companies whose owners are from China or Guineans associated with citizens from that country. Statistical data from the CFE to which Macauhub had access Thursday showed that the 46 companies are linked to agriculture, fisheries, catering, clothing sales, cosmetics and computer products, part others.
  • Chinese Group negotiates to buy bank in Brazil

    2016/06/11 The Shanghai Pengxin Group Co is negotiating the buy a controlling stake in Brazilian bank Indusval & Partners (BI&P) in order to expand beyond the raw materials market in the major economy in Latin America, reported China Daily The newspaper said that representatives of both parties had by presently met, although it is possible that no agreement will be reached at the end of the meetings.