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Executive Order #171, Series of 2022, modifies market access for MFN tariffs on corn and rice through December 31, 2021, necessitating changes to Post’s corn and wheat balance sheets but not rice.

Post forecasts Burmese rice exports lower in June due to reduced supplies in the domestic market and higher domestic prices. The Burmese government continues making changes to its trade and foreign exchange rate policies that are impeding trade.

This report provides information of the food and agricultural laws and regulations currently in force in Vietnam.

This report provides an overview of Vietnam’s certification requirements for imported food and agricultural products. In the first six months of 2022, Vietnam made no changes to its certification requirements.

Despite a small population of 7.4 million people, Hong Kong is the seventh-largest export market for U.S. consumer-ready agricultural products. Hong Kong has always been an attractive market for innovative U.S. food and beverage products as well as a gateway to the region.

The U.S.-Japan Trade Agreement (USJTA), which entered into force on January 1, 2020, improved market access for U.S. products through the creation of tariff-rate quotas (TRQs) for food wheat, wheat products, malt, processed cheese, whey, glucose and fructose, potato starch, corn starch, and inulin. In JFY 2021, allocation and fill rates of the TRQs continued to remain low.

On June 1, the National Health Commission (NHC) issued a public letter soliciting comments on its 2022 plan for the National Food Safety Standards Project. The notice identified 41 national food safety standards the NHC intends to develop or revise in 2022. This report contains an unofficial translation of the Letter and plan.

The National Health Commission (NHC) recently approved, in two separate announcements, 68 new food materials and additives, of which 11 are enzymes derived from Genetically Modified Microorganisms (GMMs).

Rice export prices decreased due to the weakening of the Thai baht.

On June 8, 2022, China’s National Crop Variety Registration Committee (NCVRC) published “National Registration Standards for Genetically Engineered Soybean Varieties (Trial)” and “National Registration Standards for Genetically Engineered Corn...

Economic conditions in Bangladesh have created significant opportunities for U.S. agricultural exports, particularly consumer-oriented commodities including tree nuts, condiments and sauces, fruit juice and non-alcoholic beverages, snacks, and baking ingredients. Bangladesh has maintained one of the fastest growing economies in the world for the past decade. The increasing population and rising percentage of middle- and high-income households create a growing potential market for U.S. agricultural products.

Post forecasts consumption of cotton in the Malaysian textile industry at 290,000 bales in marketing year (MY) 2022/23, a 3.3 percent drop from the previous year post’s estimate. The expected reduction is based on textile companies shifting their operation to other South-East Asian countries as the cost of labor increased in Malaysia with the revision of new minimum wages on April 1, 2022.