India may re-impose 70% import duty on non-basmati rice

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  NEW DELHI (Commodity Online): On the back of surplus rice production, India may re-introduce import duty of 70% duty on semi and wholly-milled non-basmati rice from November. The import duty on rice varieties were under zero tax law for the past two years from 2009 as the rice production in India remained low during…


Mawashi to import 70,000 sheep from Iran

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DOHA: Qatar Meat and Livestock Company (Mawashi) has been permitted by Iran to import sheep despite the ban imposed for other countries, reported an Arabic daily yesterday. Mawashi will import 70,000 sheep from Iran and a delegation will visit there soon to check the quality and finalise the price for sheep, said Dafaullah Abdul Ghani,…


Import tax on raw cashew nuts cut to 3%

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The import tax rate on raw cashew nuts in Vietnam will be cut to 3% from August 25, replacing the current rate of 5-7.5%. This was regulated under circular No 102 of the Ministry of Finance on modifying preferential import tax rate on the commodity. The Vietnam Cashew Association has asked the Ministry of Agriculture…


Indonesia will import 500,000 tons of rice from Vietnam

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Indonesia’s State board of logistics (Bulog) said Indonesia will import 500,000 tons of rice from Vietnam to strengthen its stocks this year. An agreement has been signed with Vietnam which offers cheaper price than the price set by Thailand, Bulog chief Sutarto Alimoeso said. The price of the Vietnamese rice with broken ratio of 15…


NZ Pork Challenges MAF Import Standards

NEW ZEALAND – The pork industry is going back to the High Court in efforts to stop imports of uncooked pork. Radio New Zealand News, reports that New Zealand Pork is challenging revised import health standards issued by the Ministry of Agriculture in April. Those allow limited imports of fresh uncooked pig meat from countries…


Disease fears behind pork import opposition

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The board representing New Zealand pig farmers says concern about a potentially devastating disesase, not a protectionist agenda, is behind its opposition to raw pork imports. In the High Court at Wellington today, the New Zealand Pork Industry Board began its attempt to overturn a decision allowing some imports of consumer-ready cuts from countries with…


China to Import More Pork

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CHINA – The central government is thought to be considering importing more pork in order to bring food inflation under control. China is expected to import more pork in the future if the domestic price of the country’s staple meat continues to rise, experts said. An official source reports that China’s consumer price index, an…


Cashews a hard nut to crack

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The Ministry of Agriculture and Rural Development (MARD) has adopted a flexible approach towards stuck cashew import shipments at ports as affected by MARD’s Circular 13/2011/TT-BNNPTNN dated March 16, 2011. Accordingly, shipments with import contracts signed before July 1, 2011 would go through custom checks if they have food sanitation certificates granted by the food…


Import tax on raw cashew to drop 3%

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The import tax rate on raw cashews would be cut from 5 per cent to 3 per cent from the beginning of September, according to the Ministry of Finance. The rate is being cut following a proposal by the Viet Nam Cashew Association in order to increase the domestic cashew industry’s competitiveness as well as…


Vietnam soybean imports to more than double to 1.5 mln T in 2012

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Vietnam’s soybean imports next year, mainly from South America, are forecast to more than double to 1.5 million tonnes thanks to demand largely from the country’s two crushing plants, both opened this year, traders said on 27 June, 2011. Soybean import this year is expected to hit 700,000 tonnes following the operation of the plants,…


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