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  • Brazilian Senate approves Cashew Cultural Support Fund

    Aug 19th, 2013

    <p>The Brazilian Senate has given the green light to the creation of a Cashew Cultural Support Fund (Funcaju), in order to stimulate production and export of the fruit and its derivatives, media agency Globo reported. cashew fruit small</p> <p>The fruit, most known worldwide for the cashew nut it produces, is indigenous to northeastern Brazil and comes from the indigenous Tupi name &lsquo;acaj&uacute;&rsquo;.</p> <p>The nuts sits atop an accessory fruit called the cashew apple, which can be eaten fresh but is often used in juices and sweets in Brazil.</p> <p>As the fruit carries economic weight many states in northern Brazil, the fund will go toward such initiatives as improving infrastructure and the living conditions of growers.</p> <p>Globo reported the fund would also regulate prices, but it still needs presidential approval.</p>


    Source: http://www.freshfruitportal.com/2013/08/19/brazilian-senate-approves-cashew-cultural-support-fund/?country=others
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