The International Dairy Foods Association (IDFA) today praised Senate Finance Committee Chairman Orrin Hatch (R-UT) and Ranking Member Ron Wyden (D-OR) for urging Canada to engage in dairy market-access negotiations during talks this week in Hawaii concerning the Trans-Pacific Partnership (TPP) negotiation.
The dairy industry applauded leaders of the Senate and House Judiciary committees, the Senate Finance Committee, and the House Ways and Means Committee for expressing their “grave disappointment” over recently approved changes to the Lisbon Agreement for the Protection of Appellations of Origin which now allows for the registration of geographical indications—which the groups say will likely to severely limit the use of many generic food names in export markets.
Twenty-one US Representatives sent a bipartisan letter to Canadian officials urging them to engage in market access discussions regarding dairy products as a member of the Trans-Pacific Partnership (TPP).
Nestlé says it will invest $120 million to build a new manufacturing facility in Dubai to produce coffee and culinary products in order to meet demand increases in the Middle East and cater to local tastes.
The US House of Representatives passed “The Bipartisan Congressional Trade Priorities and Accountability Act of 2015,” the Trade Promotion Authority (TPA-2015) bill, by a vote of 218-208 last week.
General Mills said Monday it will roll out its Yoplait yogurt brand in China. The new yogurt lines will be released in hypermarkets, supermarkets and convenience stores in Shanghai.
Global trade streams and prices will remain under pressure for the remainder of 2015 and perhaps longer due to trade bans on poultry breeding stock in importing countries, according to the recently released poultry quarterly report from Rabobank.