With many importers switching from China (due to higher cost), Bangladesh has new destinations such as Japan, South Africa, Canada, Australia, New Zealand and some Latin American countries, the report said.
New food legislation will mean costly and time-consuming hurdles for New Zealand's $18 billion food and beverage export sector, according to the NZ Herald.
Last year Korean firms won projects worth $25 billion in the UAE, mainly in the oil and gas, petrochemicals and construction sectors. The most important contract was the Korean Government-owned Kepco winning the engineering, procurement and construction (EPC) contract for Emirates Nuclear Energy...
The soft drinks giant was quoted saying: “While biodegradable packaging can be a sound choice for products that are not commercially recyclable, the process of capturing the embodied energy and raw materials in beverage bottles for reuse through recycling is, in our view, a much better option.”
Since it has been in force, total trade between New Zealand and China increased by more than a third, from $8.5 billion to $11.1 billion, Trade Minister Tim Groser said.
NZFSA specialist advisor, Marion Castle says a significant part of the study will be talking with growers face-to-face about their current practices. Information from growers will contribute to future risk profiles and guidance materials.
Tesco hit the headlines last year for delisting 12 Premier Foods Hovis products when it demanded higher on-shelf prices. But other major supermarkets have also suspended or delisted products, or threatened to do so, for similar reasons, especially in the midst of the latest price promotion battle.
Fonterra chief executive Andrew Ferrier said this week that prices for whole milk powder will probably stay at least 50% above their long-term average on rising demand from emerging markets.
