Winemakers’ Federation of Australia chief executive Stephen Strachan said this week that many local producers were vehemently opposed to NZ wineries receiving the rebate, but the terms of the CER deal meant that NZ wine sold on the other side of the Tasman was eligible.
The Thai government is also planning to shore up the price of rice by allowing exporters to exchange their rice stock with the government’s stockpile so that good quality rice can be held back.
Neptune Orient Lines Ltd (NOL), owner of Southeast Asia’s largest container line, plans to boost capacity about 7% this year as a rebounding global economy revives trade and freight rates.
China will be holding its 107th China Export Commodities Fair (CECF) which will feature 1.12 million square meters of exhibitions and 56,000 exhibitors. The fair will be held from April 15 to May 5 in Guangzhou.
Tesco Lotus hypermarket in Thailand is expanding its green marketing activities with the launch of environmentally friendly products under its own brand.
Gulf Arab countries are heavily reliant on food imports and have been buying farmland in developing nations to ensure food security after a spike in food prices, according to Gulf News online.
The use of the internet has expanded beyond popular business webinars and social media to include virtual tradeshows, events, digital libraries, product launches, annual meetings, career fairs, sales meetings, training and learning centres, focus group centres and more.
The government will spend up to $21 million to establish a network of open-access food development facilities across the country, Economic Development Minister Gerry Brownlee announced this week.
In a letter sent to US Trade Representative Ron Kirk, the senators raised concerns that anti-competitive practices in New Zealand’s dairy industry could greatly harm US dairy farmers.
Shanghai Shipping Exchange is looking at setting up a container-shipping derivates market by year-end to help smooth out volatile shipping rates.
Exporters are reporting difficulty securing container space, particularly in Hawkes Bay ( Port of Napier ), Christchurch ( Port of Lyttelton ) and Otago (Port Otago), according to Export NZ.
This financing will help improve American exporters’ competitiveness by giving them finance to export US goods. To lift export performance, America may also lift export restrictions on some high-end technology goods.
NZ Customs Service and China Customs explored the possibility of paperless trading between the two countries at a recent meeting as part of discussions to implement the New Zealand-China Free-Trade Agreement (FTA).
Ports of Auckland expects the Wiri rail link to offer greater efficiencies and flexibility for exporters and importers who are able to drop off and pick up containers without having to negotiate the Auckland motorways.
Hong Kong, Singapore and South Africa are locations for this year’s garment and textile fairs for those interested in sourcing from China.