1 red bell pepper—cored, seeded and finely chopped
1 red jalapeño or other small red chile, seeded and minced
1 shallot, minced
1 garlic clove, minced
1 cup water
1/2 cup honey
2 tablespoons soy sauce
Combine all of the ingredients in a saucepan; bring to a boil. Simmer over moderate heat, stirring occasionally, until the sauce is thickened slightly and syrupy, about 20 minutes. Serve at room temperature.