There has been a fundamental and significant shift in global business moves, with Asia now bypassing EU and US markets to work directly with Latin America and this is a trend set to stay, according to Mintel analyst.
Australia might have hit a roadblock in its beef trade with Indonesia but it is not going to be a long term obstacle, according to a new report from Rabobank.
India is embarking on ambitious plans to increase its spice exports, further increasing its domination of the world’s spice trade, experts from the sector said.
China is now clearly the world’s largest player in the global pork industry and produces and consumes over half of all pork in the world. While Chinese prices are currently soaring, due to a combination of increasing corn prices and strong domestic demand,...
Stung by the growing concerns in the China over genetically modified (GM) foods, the Chinese government has issued a draft law that will govern the entire chain of such foods.
China is readying to send a team to inspect Indian vegetable oil units days after it ordered a ban on the import of rapeseed meal, soybean meal, and oil meal from its South Asian neighbor, industry sources said.
Almost half a year after China banned the import of edible bird’s nests from Malaysia due to nitrite contamination, Malaysian exporters will finally get back to work under new regulations.
A new survey in New Zealand has revealed that over 80% of consumers believe the current requirement to label genetically modified (GM) foods should be retained.
Deforestation will be the largest environmental concern for the Asia Pacific over the next few decades and this should be addressed alongside trade liberalisation, says research.
China has a snowballing interest in the seafood market and while this is driving the global industry, it is also putting pressure on it, according to industry expert.
Activist groups in New Zealand have said that if the Trans-Pacific Partnership Agreement (TPPA) is signed, the country would compromise its reputation for food safety and export-quality produce.
Chinese exporters face increasing pressure working with America following the US Food and Drug Administration’s (FDA) new re-inspection fees that add the an increasingly complex regulation system, according to a consultant.
Kiwi food processors are up against a new menace in the practice of “parallel imports,” in which local retailers are importing cheaper overseas versions of locally made food products.
The World Trade Organization (WTO) has criticized India for its protective trade policy on food items, in an environment that is causing record food prices across the world.
The palm oil labelling bill in Australia is entering its next phase, with the House of Representatives set to vote on whether it becomes law – and the current government saying it intends to oppose it.
The Free Trade Agreement (FTA) between the EU and South Korea means European food and drink businesses will benefit from improved trading conditions, and agricultural exporters will save an estimated €380 million a year thanks to eliminated tariffs.
The American citric acid industry has asked the US Department of Commerce to investigate possible circumvention of antidumping and countervailing duties in place for citric acid imported from China.
A World Trade Organization (WTO) panel has ruled that a US ban on Chinese poultry is illegal – the first such reprimand for legislation brought in under the Obama Administration.
Plans are afoot to merge the New Zealand Food Safety Authority back into the Minister of Agriculture and Forestry, 3 years after the risk assessor and risk manager were split out.
The signing of a free trade deal between the EU and Korea has been hailed by the food and beverage industry, as it will unlock new market access for the sector.
Scotch whisky makers see trade talks taking place next month between Korea and the EU as another major step in its continued attempts to develop further into Asia’s spirit markets.
Globalisation is creating a challenging environment for Australia's
food industry but has also opened up new markets with strong
potential, finds a new report.
Vietnam's first industrial park catering solely to food processors
is set to boost the country's position in value-added products for
export markets, says the project's founder.
China will remove the import duty on Indonesian cocoa from 1
January next year, a move likely to increase demand for the beans
from the world's third biggest producer.
If the Chinese government gives in to mounting international
pressure to revalue its currency, it could spell the end of cheap
exports, a move that many anticipate would have a knock-on effect
on raw materials costs for the food industry....
Sugar growers in the Philippines are calling on the public to
boycott Kraft's Tang and Kool-Aid brands because the US firm
refuses to pay a sugar import tariff on the powdered beverages.
China's ministry of commerce has issued guidelines to the country's
farmers and farm produce exporters on how to meet tough new
standards in Japan, one of China's biggest export markets.
The proportion of value-added food and beverage products exported
from New Zealand has continued to rise steadily against commodity
products, with the value-added sector enjoying growth of nearly 10
per cent in the past five years.
Australian prawn farmers have reacted angrily to the government's
proposed labelling reforms, which could provide the country's food
producers with increased competition from imports, Tom Armitage
reports.
Vietnam has announced that seafood exports have risen during the
first four months of the year, despite ongoing trading difficulties
with the US, Tom Armitage reports.
China has announced a slew of initiatives to boost its agricultural
sector in the face of rising imports and domestic producers
struggling to meet demand, reports Anand Krishnamoorthy.
Cambodia became the World Trade Organisation (WTO)'s 148th member
this month, a move that should help the poorest country in the A-P
region improve its food production sector, writes Anthony
Fletcher.
The EU, Vietnam's largest trading partner, is the first major
partner to conclude its bilateral deal with Vietnam, giving a boost
to Vietnam's accession to the WTO.
Vietnam plans to earn at least $2 billion in revenue from agro-food
exports to the European Union by 2010. The pledge comes in the face
of tough trade, health and safety regulations imposed by the EU
authorities, which should make...
The Thai government has announced a series of planned investments
by Chinese companies, one of which includes a THB 500 million
(€10m) aimed at a leading Thai cooking oil business.
Although the Chinese economy is showing definite signs of slowing,
experts have said that it is not about to overheat. Investment,
particularly in the food and beverage sector, is continuing apace,
but this being coutnerbalanced by...
Asian shrimp farmers have described a US ruling to increase tariffs
as 'regrettable' after increases of up to 112 per cent were slapped
on Chinese and Vietnamese producers' exports.
The managers of Singapore-listed People's Food have moved to quash
speculation over a profit warning, following rumours that the
company was about to be downgraded by analysts.
Chinese wine imports increased by nearly 50 per cent last year,
according to figures released by the Beijing customs authorities,
with a value amounting to almost €26 million, an increase which is
being attributed to lower import...
Trade patterns are changing in South Korea. Until recently capital
goods and raw materials have totally dominated the market, but if a
recent exhibit for imported goods at the Seoul Convention and
Exhibition Center is anything to...
