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Japan is now the United States’ leading export market for beef, in value and volume, and largest market for pork exports in value, according to 2017 trade data released by the US department of agriculture (USDA).

In the past calendar year, Japan imported 307,559 metric tonnes of US beef, an increase of 19% year-on-year, worth USD1.89 billion, which marks a 25% increase in value year-on-year from 2016.…

CHINA’S ministry of commerce has warned that it is prepared to impose retaliatory 25% duties on American pigmeat exports to China as a retaliation to the USA imposition of 25% and 10% duties on imported steel and aluminium.

It has released a draft list of products that would attract these Chinese import duties.…

AMERICAN pigmeat exporters have since yesterday (April 2) had to pay additional retaliatory 25% duties on products sold to mainland China responding to the USA’s imposition of 25% and 10% duties on imported steel and aluminium.

China’s ministry of commerce has announced that following a brief round of public consultation, these duties would be collected with immediate effect.…

THE UK Serious Fraud Office (SFO) is to regain GBP4.4 million (USD6.2 million) in a corruption case where Canada’s Griffiths Energy bribed Chadian diplomats in the United States and Canada with discounted shares deals and “consultancy fees”.

Griffiths used a front company ‘Chad Oil’ set up in September 2009, just five days before agreements were signed, the SFO said.…

PROTECTIONISM and currency problems are posing challenges for north Africa’s beauty and personal care market, often forcing consumers to change their purchasing behaviour and turn to locally manufactured products, when they are available.

In Egypt, the region’s most populous country, the fall in value of the local currency, the Egyptian pound, against the Euro, has helped increase the price of imported products.…

Meat producers and exporters in Britain and Ireland have called on policy makers to come up with more alternatives for a post-Brexit trade settlement between the UK, Northern Ireland and the EU.

The demands follow the publication by the European Commission on Wednesday (28 February) of a 120-page draft Brexit withdrawal agreement by the European Commission, which spelled out plans for Northern Ireland to remain within the EU’s customs union after December 31, 2020.…

Most organisations in the Middle East today acknowledge the importance of gender diversity, yet the current number of females on boards does not reflect this, according to participants at a recent networking breakfast in Dubai, hosted by ACCA.

An important reason for this is the self-perception of women, who feel that they lack the experience to be a board member, according to research from Hawkamah, the Institute for Corporate Governance at the Dubai International Financial Centre (DIFC), whose CEO Dr Ashraf Gamal El Din addressed the meeting.…

THE EUROPEAN Chemicals Agency (ECHA) has warned British paint, coatings, plastics, related chemical ingredients and other chemical companies supplying the continental European auto sector may struggle to keep their business, should the UK push ahead with quitting the European Union (EU) as planned, on March 29, 2019.…

THE IMPORTANCE of Brazil as the world’s top supplier of internationally-traded tobacco leaf and manufactured products has been waning for the past decade, with India, notably, improving its position. New statistical analysis released by the World Trade Organisation (WTO) shows that this market share fall for Brazil also represented a decline in volume sales, given the global trade in tobacco leaf and products has shrunk since 2013 – until 2016, the year for which the latest data is available.…

SOUTH Africa’s paints and coatings market will grow a cumulative 40% to South African rand ZAR9.77 billion (USD823 million) between 2016 and 2021, driven by continued construction and urbanisation, according to new figures.

Statistics supplied by market researcher Euromonitor International have forecasted that the country’s home paints market will grow from ZAR3.48 billion (USD293.3 million) to ZAR4.88 billion (USD411.5 million) during this five-year period.…