Archives for December 8, 2015

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WTO slash Canada-Mexico damages claim by a third

By Keith Nuthall

The World Trade Organization (WTO) has ordered that Canada and Mexico accept a third of the compensation they were seeking for economic losses caused by the USA’s country-of-origin labelling (COOL) rules for beef and pork. 

Miratorg considers doubling pork production capability

By Vladislav Vorotnikov

Russian agricultural holding Miratorg is considering a new project to produce 4m head of pigs per year with a total investment of RUB115 billion (US$1.8bn), according to a recent statement by the company’s vice-president of finance Vadim Kotenko.

German study links red meat to strokes

By Alan Osborn

The consumption of red meat can be linked to sharply increased stroke risk, according to a report by a high-level German medical research group. 

South Asia radius

‘Sin tax’ of 40% proposed to cover Indian soft drinks

By RJ Whitehead

A panel that is looking into the implementation of a new system of GST in India has proposed levying a 40% “sin tax” on aerated drinks, even though consumption is among the lowest in the world.

Time needed to see FSMA rule effects - Hogan Lovells

By Joseph James Whitworth

The Food Safety Modernization Act (FSMA) will result in greater accountability for food safety and is expected to reduce incidence of foodborne illness, according to the partner of a law firm.

Asia leads the dairy bioactives market

By Douglas Yu

Dairy bioactives are high in nutritional value yet low in in market volume, according to a new report, which adds that Asia has been faster to take up new bioactives than Europe and the US.