USMEF Economist Erin Borror considers Japan to be the leading value destination for both US beef and US pork, but the situation will change unless the United States secure a preferential trade agreement with the Asian country. Erin Borror, economist at the US Meat Export Federation said during the February 22 panel discussion at the USDA Agricultural Outlook Forum in Arlington, Virginia, that, for 2018, US beef and pork exports to Japan are expected to reach $2.1 billion and $1.65 billion, respectively, when year-end data is available. Borror warned that the competitive terrain in Japan has gotten steeper for U.S. red meat due to Japan’s preferential. Read more...
The European Commission has responded to criticism over its proposed deal with South American trade bloc Mercosur by claiming the outcome will. Read more...
‘Deep alarm’ has been expressedat progress on a Mercosur trade deal between the EU and South America, which includes proposals for a tariff rate quota for beef. ICSA president Patrick Kent has said its worst fears are beginning to crystallise with a proposal which he says would be utterly disastrous for the beef sector here. According to Kent, a tariff rate quota implies thousands of tons of tariff-free South American beef ‘flooding’ the EU market which will be devastating for Irish beef exports. “I am calling on the Minister for Trade Richard Bruton to immediately make strong representations that Ireland will not accept beef being sold out. Read more...
Uruguay will supply Russia with high-quality beef, following the recent agreement to reduce import tariffs, signed by deputy head of the Russian Agricultural Ministry Sergei Levin and Tabare Aguerre, minister of stockbreeding, agriculture,. Read more...
Reacting to reports of a push from the EU Commission to recommence talks on a Mercosur trade deal, Irish Farmers' Association (IFA) National Livestock Chairman Henry Burns said a Mercosur trade would be extremely damaging for Irish and European agriculture, and especially our important beef trade. Mercosur is a bloc of countries in South America, including Chile, Peru and Colombia among others, which work together to promote trade. Henry Burns said an EU Commission analysis shows that a Mercosur deal would inflict losses of €7.8bn on the agriculture sector and he said the real losses at farm level would be much higher. The IFA Livestock leader said. Read more...
European agricultural organisation Copa-Cogeca said in a high-level meeting with US Secretary of State for Agriculture Tom Vilsack that there are many opportunities to be had in transatlantic trade talks, but more progress is needed on red tape and non-tariff barriers to trade. The two sides were discussing theTransatlantic Trade and Investment Partnership (TTIP), an ambitious trade project that has been subject to many rounds of negotiation between the US and EU. They exchanged offers on market access in the TTIP talks with 97 per cent of tariff lines included. But Copa-Cogeca said that the EU’s offer is "far more ambitious" than that of the. Read more...
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