Australia and Indonesia have finally ratified a bilateral Free Trade Agreement (FTA) after 15 years of discussion, but cold chain issues and live cattle disputes are clearly still holding food trade back for the South East Asian nation.
India recently announced import tariff increases for many food and agricultural products in hopes of encouraging local trade, but the same move is likely to push it even further away from the possibility of entering free trade agreements within the APAC...
The local dairy industry in Vietnam is expected to face strong competition and pressure as a result of the newly implemented Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), experts have predicted.