Trade ministers from around the world gathered in Abu Dhabi on Monday for a World Trade Organization meeting that aims to set new global commerce rules, but its chief Ngozi Okonjo-Iweala and delegates sought to curb expectations.
Tag Archives Global trade
WTO meeting seeks modest outcomes, with global trade at ‘critical juncture’
Striking deals by consensus becoming more difficult amid signs global economy fragmenting
MacAulay opens Indo-Pacific ag office
Moment 'pivotal' for the hog sector, Canadian Pork Council says
The Canadian Pork Council joined federal ag minister Lawrence MacAulay in Manila, Philippines, to open Canada's first Indo-Pacific agriculture office, it said today, calling the opening a "pivotal moment" for the Canadian pork sector.
Ukraine to punish firms for violating farm exports rules to Eastern Europe
Cheap Ukrainian exports have sparked protests in neighbouring countries
Ukraine on Monday said it has tightened rules related to certain food exports, imposing a six-month trading ban for any companies violating the regulations, to ease tensions with bordering countries.
Australia achieves average wheat, barley harvests
Total exports down, but percentage going to China increased
Australian wheat and barley came away with average crops for 2023/24, as the threat of dryness caused by an El Niño posed a major challenge, according to the United Stated Department of Agriculture attaché in the country’s capital of Canberra.
Britain pauses talks on Canada free trade deal over agriculture
The talks are among negotiations launched after Britain left the European Union
Britain has suspended talks on a free trade deal with Canada amid unhappiness on both sides about the lack of access to agricultural markets, Canadian officials said on Thursday.
Houthi attack on dry bulk ship to boost grain diversions
About twenty per cent of grain shipments diverting around Cape
An attack on a dry bulk carrier this week in the Red Sea region is set to lead to more diversions of grain cargoes around the Cape of Good Hope but most are still willing to risk using the Suez Canal for now, shipping sources said on Tuesday.
Romanian farmers, truck drivers protest near border with Ukraine
Grievances include influx of Ukrainian goods, fuel costs, environmental measures
Bucharest | Reuters -- Hundreds of Romanian farmers and truck drivers protested near border crossings with Ukraine and near large cities across the country on Monday amid ongoing negotiations with the government over high business costs.
Brazil’s soybean harvest kicks off with low yields in Mato Grosso
Crops suffered from lack of humidity; now rains are hampering harvest in some areas
Brazilian soybean farmers have begun to reap their 2023/24 soybean crop, covering some 0.6 per cent of the national planted area as of last Thursday, agribusiness consultancy AgRural said on Monday.
China to push for higher grain yields to ensure food security
Chinese corn breeders are preparing to double the amount of GMO corn planted next year
China, the world's top buyer of soy and corn, will push for higher grain yields across large areas of farmland as it seeks to ensure food security for its huge population, state media reported on Wednesday, citing an annual rural policy meeting.
Argentina’s Milei to seek 15 per cent export tax hike on some grains: source
The new president pledged "shock" measures to fix the country's economic crisis
Argentina's new government of libertarian President Javier Milei will seek to raise export taxes to 15 per cent on some grains, though that would not impact tariffs on soy, an industry source told Reuters on Wednesday.
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