Hong Kong: Walter D'Souza calls for intensifying promotion of cashew consumption globally

Media Release

Macau (Hong Kong), Feb 12: As the chairperson of the most important session of the recently concluded three-day World Cashew Convention in Macau, Hong Kong, Walter D'Souza, former chairman of the Cashew Export Promotion Council of India (CEPCI) and the Federation of Indian Export Organization(FIEO) gave a clarion call to intensify promotion of cashew consumption in all the continents of the globe. The session had expert panellists from the USA, Germany, Japan, China, Hong Kong and India.

The annual World Cashew Convention was attended by over 450 stakeholders from over 45 countries from all the continents of the world. Walter D’Souza projected the global raw cashew nut production to be of the order of 5 million metric tonnes by 2025 and cross 10 million metric tonnes by 2030 from the current figure of 3 million metric tonnes. The exponential growth in production will throw open new opportunities at every level of the supply and value chains, he said.

Walter D’Souza opined that the growing crop will also come with challenges in terms of ensuring growth in consumption on par with the growing production which can be achieved only by promotions of the health benefits and usage as a regular food ingredient.

Walter D’Souza expressed the urgent need to remunerate the growers with a sustainable price for their produce, so that there is no migration to other commercial crops in lieu of cashews. His opinion was strongly endorsed by fellow speakers Marc Rosenblatt of the USA, Vincent Rieckmann of Germany, George Ishiguro of Japan, Chen Ying of China and Soo Choi of Hong Kong.

It may be recalled that Walter D’Souza had initiated the process of bringing the major cashew processors of the World under one umbrella while he was the chairman of the CEPCI in the year 2006. The first ever bilateral MoU for cashews was signed between India and Vietnam in Ho Chi Minh City, Vietnam in 2006, followed by a tripartite MoU with India, Vietnam and Brazil in Florida, USA in 2007. He was the signatory to both the MoUs on behalf of India and was unanimously elected as the first convenor of the global cashew alliance. Since the tripartite MoU was entered into, lot of efforts have been initiated to give a boost to cashew cultivation, processing, marketing and promotion through the length and breadth of the world.

With the world crop growing at an accelerated pace, the Global Cashew Alliance, which is now functioning as Global Cashew Council (GCC) under the International Nut Council (INC) it is imperative to promote consumption at a healthy pace matching with the growth in cultivation. GCC has already initiated various R&D studies to validate the health benefits of cashews on patients with diabetic, cancer and other diseases. The world community of cashew growers and processors pledged to join hands in the initiative of promotion with greater vigour during the days to come.


Comment on this article

  • Rev. Msgr. Leslie Shenoy, USA/India

    Tue, Feb 13 2018

    Congratulations Walter, Mangalore is proud of you, keep up the good work.
    God bless you, your team and your beloved family.
    Monsignor Leslie Shenoy

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  • Mary Raji Jacob, Mangalore

    Tue, Feb 13 2018

    Well done Walter!Your PR skills and conviction are adorable.All the best to you and your team

    DisAgree Agree Reply Report Abuse

  • joe Gonsalves, Mangalore

    Tue, Feb 13 2018

    An excellent job Mr. Alter D'Souza. Your speech relating to cashew nut exports is commendable. Indeed Cashew nut exports are a foreign exchange earner and naturally the Government should support your efforts

    Walter you have brought honour not only to yourself and the family but also to the city of Mangalore and the people of Manglore.

    I join scores of people in complimenting you on your positive approach and achievement .

    DisAgree Agree [1] Reply Report Abuse

  • Alwyn Crasta, Mangaluru/Bengaluru

    Tue, Feb 13 2018

    Cashew nut, besides having various health/nutritional benefits, are among the tastiest nuts in the world, besides having a number of by products.

    With proper support from the Government, there is certainly a vast potential for the Cashew industry, not only for earning valuable foreign exchange, but also for employment generation.

    The ceaseless efforts of Mr. Walter D'Souza and other Cashew industry stalwarts are definitely going to yield the desired results.

    DisAgree Agree [2] Reply Report Abuse

  • Max and Jessie Rasquinha, Mangalore - Houston/Dallas, Texas, U.S.A.

    Tue, Feb 13 2018

    Cashew crops are prominently located specially in the past Portugues Colonies such as Macau, Goa, Brazil and few of the Portuguese colonies in Africa. The Portuguese also taught us how to produce Cashew Liquor
    in all the Colonies. Besides, cashew nuts are prominently utilized all over the world. They are processed in several ways with different coatings and different tastes.

    Cashew nuts also packed in different forms, specially for the Export markets.

    Coffee curing and processing in Mangalore has been an old Industry that employed thousands of people for more than aa century. The Fennhi liquor that is produced from the cashews is a famous industry in Goa, and is now even exported to foreign countries.

    DisAgree [3] Agree [4] Reply Report Abuse

  • Vincie Rodrigues, Thottam, Udupi /Mississauga, Canada

    Mon, Feb 12 2018

    Hats off to you Walter and members of your delegation from India!!

    Your address to Global panels was well received and unaaniously commended by all the countries attending the Meeting.

    You are the same person that I know who always speak in such convincing way the issues you believe in and promote for a better world. Wishing you good health and good luck in all your future endeavours for the good of the world and for people to live a healthy lifestyle.

    God Bless

    DisAgree [5] Agree [5] Reply Report Abuse


Title : Hong Kong: Walter D'Souza calls for intensifying promotion of cashew consumption globally


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