Under the Japan-Australia free trade agreement that took effect in January this year, Japan will cut its tariffs on Australian beef by up to half from the current 38.5 per cent. (Image source: Taryn/Flickr)
Japan 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
The deal is expected to provide the EU farmers, processors and businesses greater access to South Korea’s growing market for organic products. (Image source: Emil Asli/Flickr)
Effective 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
Based on Bangkok daily rates, the Rubber Board of India will fix the price of the natural rubber on a daily basis. (Image source: Récolte/wikimedia)
In 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
The US department of agriculture revised the exports to a four-year low of 2.5m tonnes in 2014-15. (Image source: Maja/sxc.hu)
China 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
The increase in demand for chocolate was almost seven times greater in Asia compared to that of traditional European markets. (Image source: Salina Hainzl/sxc.hu)
The 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
