China exports cooked chicken to US
The Dollar Business Under a bilateral trade deal between US and China, cooked chicken will be reaching the US shores soon. The deal inked in May, was in exchange of US beef being exported to China and getting cooked chicken in return. This development came after China decided to lift its ban (imposed in 2003) on US beef, after US beef producers were locked out from accessing the huge beef loving Chinese market, due to the spreading of mad cow disease in the bovines, spurring Japan, Mexico and South Korea halting the product from entering their shores. The lifting of the beef ban was big news for US beef exporters as the greater Chinese region (included Hong Kong and Vietnam) is a $7 ...
WTO & UN Food and Agriculture Organization announce enhanced cooperation on trade and food security
The Dollar Business Bureau Three days after all the World Trade Organisation (WTO) members agreed for a separate discussion on the role they envision for rules in the post-Bali work programme on May 4, 2015, WTO Director-General Roberto Azevêdo met with the Director-General of the UN Food and Agriculture Organization (FAO), José Graziano da Silva, in Geneva on April 17, to step up collaborative efforts on the issue of trade and food security, as well as other issues. Roberto Azevêdo said: “Food security is closely linked to trade and therefore it is an important element of our work at the WTO. I am delighted that we will now be able to enhance our work on this crucial issue which affects ...