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Attaché Report (GAIN)

Saudi Arabia: Food Processing Ingredients

Saudi Arabia is the largest economy in the Arab world and home to a growing food manufacturing and processing sector. Total investments in the sector are projected to reach $70 billion in 2030, an increase of approximately 59 percent over total investments in 2016.
In the last couple weeks, Turkey has imposed temporary export bans on select agricultural products to stabilize local market conditions and keep prices from running higher.
On February 3, 2022, the Ministry of Health and Family Welfare/Food Safety and Standards Authority of India (FSSAI) issued directive SS-T017/1/2022-Standard-FSSAI [E4478]. The directive instructs food business operators to provide per serve percentage contributions for recommended dietary allowances (RDA) on the product label.
Attaché Report (GAIN)

Chile: Chile Facilitates Imports of US Beer

On February 22, 2022, the Chilean Ministry of Agriculture's Livestock and Agricultural Service modified the testing requirement for U.S. beer shipments to Chile. Beer from the United States will no longer need to be tested upon arrival to Chile.
On December 10, 2021, Korea released its 2022 Market Access Quota (MAQ) updates, which cover a variety of agricultural commodities ranging from mung bean, red bean, soybeans to various feed ingredients. These MAQs are used to minimize local price fluctuations resulting from domestic supply shortages.
On March 2, 2022, the Supreme People's Court of China issued "Guiding Opinions on Further Strengthening the Criminal Trial Work Involving Seeds" (hereinafter referred to as the "Opinions"). The Opinions clarify the general requirements for strengthening seed-related criminal trials, the application of law to seed-related crimes, and improvement of relevant enforcement mechanisms.
Attaché Report (GAIN)

China: Geographic Indications Five-Year Plan Issued

The People's Republic of China National Intellectual Property Administration (CNIPA) issued its first ever Five-Year Plan for geographical indications (GIs).
The Japanese Diet is poised to allocate a combined total of 3.2 trillion yen ($27.7 billion) to the Ministry of Agriculture, Forestry and Fisheries (MAFF) from the Government of Japan's 2021 supplementary budget and 2022 annual budget. MAFF's budget will see increased funding for export facilitation, smart agriculture development, and implementation of MAFF's Green Food System Strategy.
This report contains unofficial guidance issued by the Office of Agricultural Affairs at the U.S. Embassy in Beijing, China for U.S. exporters that experience difficulties with having their products receive customs clearance due to facility registration issues created by General Administration of Customs of the People's Republic of China (GACC) Decree 248.
Attaché Report (GAIN)

Thailand: Rice Price - Weekly

Rice export prices increased 3 percent as exporters anticipate an increase in demand despite the weakening of the Thai baht to a one-month low.
Fearing rising prices and the perceived threat of sunflower oil shortages, customers have scrambled in recent days to stock up on cooking oils.
On February 22, 2022, India’s Ministry of Health and Family Welfare/Food Safety and Standards Authority of India (FSSAI) published Stds/SP-05/Orders/FSSAI (E1317).