Indonesia will lower the tariff on our sugar exports. In exchange for the sugar deal Australia will eliminate import duties on Indonesian herbicides and pesticides.
The deal in principle could clear away at least one contentious issue between the two governments standing in the way of upcoming NAFTA talks.
They are seen as a precursor to the more complex discussions on the North American Free Trade Agreement between the United States, Mexico and Canada.
As part of NAFTA, Mexico was granted special access to the U.S. market but more akin to the “imperial preference” that Great Britain once provided for members of the British Empire.
Kenya has been granted a one-year extension of sugar import limits from the regional trade bloc Common Market for Eastern and Southern Africa (COMESA) to revamp its ailing sugar industry.
The forced re-regulation of Queensland’s $2 billion sugar industry could breach international trade agreements and threaten foreign investment, Queensland Deputy Premier Jackie Trad said.
Queensland Nationals MPs will refuse to support the Trans-Pacific Partnership trade agreement unless it opens up significant new export opportunities for the Australian sugar industry.
According to The Telegraph, former UK foreign secretary Jack Straw lobbied the Ukrainian goverment - using the proposed EU FTA as a carrot - to get it to change a domestic law in favour of a UK company’s interests.
Japanese Minister of Agriculture Koya Nishikawa faces a fresh donation scandal after a Liberal Democratic Party chapter he heads was found to have received 1 million yen in donation from a sugar industry group right before Japan joined the Trans-Pacific Partnership free trade talks in 2013.
Australian Trade Minister Andrew Robb is pushing for greater access to the US market for Australian sugar exports as expectations mount that the giant 12-nation Trans-Pacific Partnership could be wrapped up by May
A new US-Mexican government pact will limit supplies of sugar from Mexico via NAFTA and drive US manufacturers to seek supplies from Australia and Canada through the Trans-Pacific Partnership, according to the Sweetener Users Association (SUA), which represents candy makers like the Hershey and Mars.
New restrictions on Mexican sugar imports undermine the government’s negotiating position in free trade talks.
The implementation of the Common Effective Preferential Tariff scheme under the ASEAN Free Trade Agreement (AFTA) in 2015 may imperil the livelihood of about 62,000 sugar farmers and 600,000 sugar workers in the Philippines, the Sugar Regulatory Administration (SRA) said.
Europe’s sugar industry fears there could be sugar imports from the combined US and Mexican market if sugar is becomes part of the ongoing Trans-Atlantic Trade and Investment Partnership negotiations.
Fears of the collapse of Fiji’s multi-million dollar sugar industry prompted its government late last month to opt for an Interim Economic Partnership Agreement (IEPA) with the European Union. Islands Business magazine investigated.
An economic partnership agreement with the EU will expire in two weeks, but the Fiji Sugar Corporation says there are other, almost equally lucrative markets to sell to.
Billionaire Anthoni Salim’s First Pacific Co. is seeking to buy sugar companies in the Philippines to expand its footprint in Southeast Asia and tap opportunities from a free-trade agreement in the region.
Kenyan sugarcane farmers and consumers face a bleak future, as Government departments tasked with implementing reforms in the sector drag their feet.
Zambia Sugar Plc has expressed concern at the non-application of tariffs on sugar imported outside the Common Market for Eastern and Southern Africa (COMESA) as it is displacing regional producers.
The US government launched on Friday a probe into allegations that cheap imports of Mexican sugar are causing nearly $1 billion in damages in the local market, even as the Mexican representatives made a formal rebuttal of the accusations.