MOSCOW, Jul 23 (PRIME) -- The Russian government has prolonged a ban on food imports from states that supported the anti-Russian sanctions until the end of 2019, the government said in a ruling published on the website for disclosure of legal information late on July 20. In 2014, relations between Russia and the West deteriorated to their worse since the Cold War due to a military conflict in Ukraine. The West introduced sanctions against some Russian individuals and firms and further against the energy and banking sectors. In response, Russia limited food imports from some countries, including the U.S., the E.U., Canada, Australia, and Norway. The E.U. Council prolonged its anti-Russian economic sanctions for six more months until January 31, 2019 on July 5, 2018. End 23.07.2018 08:56 … [Read more...] about Russian government prolongs food import ban until end of 2019
The Aegean region, one of Turkey's most important centers in terms of food exports, has hosted Chinese food importers. A delegation consisting of procurement authorities in the Guangdong Imported Food Association established in the People's Republic of China and five importing companies, members in this association, held bilateral business talks with 30 companies from the Aegean Exporters' Association. As part of the program organized by the Turkish Exporters' Assembly (TİM) and coordinated by the Ministry of Economy and the Shanghai Commercial Counselor Office, the VIP delegation from China held 90 bilateral meetings with 30 Turkish food exporting companies operating in different sectors. The Chinese companies said that the negotiations were very productive and that they want to buy food products from Turkey that they are currently importing from countries such as Italy, Spain, Thailand and the U.S. They indicated they hope the visit significantly contributes to boosting trade … [Read more...] about Chinese food importers hold trade talks with Aegean fruit, vegetable exporters
The chairman of the Icelandic Farmers’ Association told RUV that food prices would be higher if Iceland dropped its restrictions on imported food. On the other hand, a recent OECD report on Iceland recommends that the country work to remove the restrictions as soon as possible. The OECD report recommends that Icelandic agricultural production should be reorientated to concentrate on areas of production where it is competitive with overseas producers, instead of trying everything. The report suggests that import restrictions keep food prices unnecessarily high for Icelandic consumers. The report also claims that Icelandic government subsidies to farmers are four-times higher than within the European Union. The relaxation of restrictions would therefore be a great help to consumers.Icelandic farmers were quick to question this, however. “I don’t believe this is a foregone conclusion,” Farmers’ Association head Haraldur Benediktsson told RUV. “I want to … [Read more...] about Do Iceland’s food import tariffs actually save shoppers money?
Baku, Azerbaijan, April 21 By Gazenfer Hamidov – Trend: Iran imported more food and agricultural products during the last fiscal year (ended March 20, 2018), compared to the preceding year, Kaveh Zargaran, the Secretary General of the Federation of Iranian Food Associations, said. Zargaran said that the Islamic Republic imported 18 million tons of foods and agricultural products during the 12-mont period, 8 percent more year-on-year. Zargaran who heads the Agricultural Commission in the Tehran Chamber of Commerce, told reporters that the value of Iran’s agricultural and food products’ imports increased by 14 percent to $9.8 billion in the last fiscal year. Over half of Iran’s imports in this sector falls on corn fodder, rice, soybeans, meat and meal, he said. Corn fodder worth $1.6 billion, rice worth $1.2 billion, soybean worth $943 million, banana worth $544 million, meat worth $524 million, barley worth $518 million, meal worth $503 million and crude … [Read more...] about Iran’s agricultural, food imports increase
Plans by the UK and European Union to share quotas for cheap food imports after Brexit have come under fire from Australia. Restrictions on how many products can be imported into the EU on favourable rates are set across the bloc and concerns have been raised internationally that exporters could take a financial hit when the UK quits. The government has agreed with Brussels to divide up the goods that can be brought in on low or zero tariffs based roughly on current rates. It would mean products imported into the UK in higher numbers than other parts of the bloc would continue to be traded in similar numbers. But Australia’s trade minister, Steven Ciobo, said the move would impose unacceptable restrictions on nations exporting to the bloc. “The point is that you have a choice about where you place your quota at the moment,” he told the BBC. “Therefore, given that you could put it in the UK or you could put it into continental Europe, why would we accept a … [Read more...] about Australia raises doubts over post-Brexit plans for EU food import quotas