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According to the Food and Agriculture Organization’s (FAO) food price index, the price of vegetable oils and cereals fell again in April. Prices are now well below the records of 2022, but remain relatively high by historical standards (Figure 1).
This article explores the key drivers of recent…
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Kuwait has extended the shelf-life limit of chilled vacuum-packed beef from 90 days to 120 days.
The extension was applied on 10 November 2022.
This comes after shelf-life extensions by other countries in the region, including Saudi Arabia (Table 1). Other Gulf States are also considering…
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Australia hosted and chaired the 26th meeting of the Codex Committee on Food Import and Export Inspection and Certification Systems (CCFICS) held from 1 to 5 May in Hobart, Tasmania.
This was the first time a Codex sub-committee has met in a hybrid format that allowed both virtual and physical…
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High global energy prices and disruptions to global supply chains led to sharp rises in farm input costs, including fertiliser and diesel, in 2021 and 2022.
International energy prices have been falling since mid-2022. However, the cost of fertiliser and fuel remain higher than long-term averages…
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The Australia-United Kingdom Free Trade Agreement (A-UKFTA) entered into force on 31 May 2023
The A-UKFTA eliminates tariffs on Australian dairy exports to the UK over 6 years (Table 1) and provides immediate access to duty-free quotas during the transition period.
This will provide more…
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The Australia-United Kingdom Free Trade Agreement (A-UKFTA) entered into force on 31 May 2023.
The A-UKFTA immediately eliminates tariffs on all Australian wine exports to the UK. Before the agreement, Australian wine entered the UK at the UK Global Tariff (UKGT) rate. The UKGT replaced the EU's…
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01 July 2023
Purpose
This Industry Advice Notice (IAN) is to notify industry that the prices will increase for the dairy exports arrangement as published in the 2022-23 cost recovery implementation statement (CRIS).
Summary of changes and key points
It is Australian Government policy to…
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01 July 2023
Purpose
This Industry Advice Notice (IAN) is to notify industry that the prices will increase for the fish and egg exports arrangement as published in the 2022-23 cost recovery implementation statement (CRIS).
Summary of changes and key points
It is Australian Government policy…
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The Australia-United Kingdom Free Trade Agreement (A-UKFTA) entered into force on 31 May 2023.The A-UKFTA eliminates tariffs on Australian beef and sheepmeat to the UK over 10 years (Table 1) with immediate access to duty-free transitional quotas.This will provide more opportunities for Australian…
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The Australia-United Kingdom Free Trade Agreement (A-UKFTA) entered into force on 31 May 2023.
Under the agreement, tariffs on Australian sugar exports into the UK will be fully eliminated on 1 January 2031. Annual duty-free quotas during the tariff elimination period will also improve market…
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