Food & Commodity

Japan and USA trade deal to cut beef and pork import tariffs

beef-japanJapan is likely to cut its high import tariffs on USA’s beef and pork and slightly ease tight restrictions on rice imports in order to seal Trans-Pacific Partnership (TPP) trade deal

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South Korea and EU agree on single certificate for organic trade

EUEffective 1 February 2015, South Korea and the EU will be able to sell organic products with one certificate, issued in either the East Asian nation or in Europe

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Indian tyre makers to help local rubber farmers

RubberIn a bid to arrest the price fall in India, 17 India-based tyre companies have agreed to procure natural rubber from domestic market at 25 per cent rate higher than the international price

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China cuts corn imports from USA

corn-chinaChina has clamped down corn imports from the USA by 500,000 tonnes this year over claims of containing a genetically modified variety not approved by Beijing

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Chocolate headed towards global shortage, warn producers

chocolateThe world will run out of cocoa by 2020 and even bumper crops may not be able to keep up with soaring demand from Asia, biggest international confectionery manufacturers have warned

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