Topic “In the News News” — Exporter Magazine
The World Trade Organization ruled Monday that Australia’s 89-year ban on imports of New Zealand apples is illegal, and ordered Canberra to comply with international commerce law. Sony and Panasonic, the world’s two largest makers of consumer electronics, are slashing some TV prices by a third in China after being outsold 6-to-1 by Shenzhen-based Skyworth, according to a report carried by ChinaDaily.com. According to TradeArabia.dom, more than 95% of those who took part in a survey conducted by DuPont agreed that customer demand is a key driver for developing products with an enhanced environmental profile. Nekta Nutrition Ltd, an Auckland based functional food Research Company, beverage manufacturer and exporter has launched a new product with the potential to dramatically improve the New Zealand and Australian baking industries, the company says in a release New Zealand needs a ban on animal cloning, food from cloned animals and a verification process put in for imported foods to ensure compliance for New Zealand consumers, according to the Soil & Health Association of New Zealand. UAE-based Agthia Group, a leading FMCG firm, has signed a franchise agreement with Yoplait Group of France for exclusive rights to manufacture and distribute fresh dairy products under the Yoplait brand, according to TradeArabia.com. Vladimir Putin, Russian prime minister, announced a ban on all the country’s grain exports, effective within 10 days, after a severe drought devastated crops and wildfires spread across the country, according to the Financial Times of UK.