A recent imposition of a border tax related to Brexit has incited significant disapproval from UK businesses. According to a report by Politico on 4 April 2024, trade associations are concerned that new inspection fees will contribute to inflationary pressures and reduce consumer options. The flat rate "common user charge" is intended to cover the expenses associated with veterinary and health inspections for animal and plant products.
The Food Safety and Inspection Service has announced that starting 1 July export certificates for meat and poultry products (excluding casings and egg products) exported to mainland China will be digitally signed in FSIS’ Public Health Information System.
Foreign investors looking to take advantage of the Philippines’ recent reform and incentive package should try to gain a more comprehensive understanding of the country’s key industrial sectors, especially those identified in the Strategic Investment Priority Plan (SIPP). This will help them capitalise on the opportunities that the Philippines offers.
The Food and Drug Administration issued on 20 March a new import alert through which the agency can bar U.S. imports of human food products with detectable levels of a broad range of chemical contaminants that may present a safety concern to human health, including benzene, dioxins, polychlorinated biphenyls and PFAS.
A group of 26 Democratic and Republican House lawmakers wrote to President Biden on 11 March urging tougher action to combat illegal, unreported and unregulated (IUU) fishing and forced labour in the seafood supply chain. The lawmakers contend IUU fishing and forced labour practices are pervasive across the global seafood supply chain, from fishing vessels to processing facilities, especially those operated by mainland China.
With decades of sustained economic growth, favourable demographics and an increasingly affluent consumer market, Indonesia represents an ideal Southeast Asian investment destination, rich in business opportunities for Hong Kong traders and service providers. To explore the various opportunities in the lucrative Indonesian market, HKTDC Research visited Jakarta and Bali in late 2023, meeting with relevant industry experts to gain their insights.
With climate change threatening to have a significant long-term impact on agricultural sustainability and food security, this webinar set out to detail Hong Kong’s pioneering role in countering such growing global challenges. In particular, one industry expert guest speaker highlighted the city’s successful development of a suite of modular urban agriculture systems. These have been designed to facilitate vertical farming as a means of coping with land shortages, harsh outdoor environments and the damage caused to the agricultural ecosystem by transportation emissions and sundry waste products.
As part of a continuous effort to gradually phase out the use of hazardous chemicals in the U.S. market, the U.S. Food and Drug Administration has announced that grease-proofing agents containing PFAS are no longer being sold by manufacturers for food contact use in the U.S. market.