Brazil and World
New Zealand and Australia sign Asia-Pacific regional trade agreement
On November 15th, the Regional Comprehensive Economic Partnership (RCEP) trade agreement was signed by 15 countries, including New Zealand and Australia. This agreement a deeper integration of regional supply chains and economies in East and South East Asia, boosting trade and productivity.
The RCEP may still take some time to come into effect, but it is believed that its long-term impact could be significant. The 15 signatory countries constitute almost 30% world GDP and this share is likely to increase over time, given that the RCEP includes faster-growing economies such as China, Vietnam and Indonesia.
In addition to the countries already mentioned, Japan, South Korea, Thailand, Malaysia, Singapore, Philippines, Myanmar, Cambodia, Laos and Brunei are part of the agreement.
Sam Maclvor, chief executive at Beef + Lamb New Zealand Ltd, said that this region is at the center of global economic rebuilding and this should help New Zealand's red meat sector to take advantage of existing strong connections with countries in the Asia-Pacific. “Ensuring a strong framework of trade deals around the world will help support a resilient red meat sector and widen New Zealand economy at a time of global turbulence. Trade supports 92,000 jobs in the red meat sector across the country, particularly in our regions. This helps achieve a more predictable and secure trade environment for all”.
Brazil and World
Bird flu leads to the slaughter of thousands of birds in Europe and India
Avian influenza continues to bring damage to several countries. In Europe, France and Germany the slaughtering of thousands of birds are an attempt to contain the virus, and in India, six states have reported cases of two subtypes of the Influenza A virus (H5N1 and H5N8) and slaughtering has also started.
KITGarra announces China’s office
KITGarra takes an important step further in its expansion project. To serve Chinese customers more efficiently, the company announces its Shanghai office.