Connect with us

International

UK urges food manufacturers and farmers to target Asian middle class

Avatar

Published

on


The British government launched a campaign to promote food and beverage exports after Brexit, urging food manufacturers and farmers to target the Asian middle class.

Food producers should take advantage of trade dynamics such as the high meat prices in Asia and the US appetite for imported beef, International Trade Minister Liz Truss added on Tuesday that the government will provide advice, mentoring and master classes just like the UK. Cut new trade deals.

“By the end of this year, 66% of the world’s middle class consumers are expected to be found in Asia. They are hungry for the highest quality food and beverages,” Truss said.

She added: “Our farmers need access to new markets around the world, but we need to remove the barriers that keep them.”

The Open Doors campaign is supported by the largest agricultural trade group, the National Farmers Union and industry group, the Food and Drink Federation. However, other trade statistics pointed out that since Brexit came into full force earlier this year, food manufacturers and farmers have been struggling with the impact of new trade barriers with EU’s British neighbors.

David Henig, co-founder of the British Trade Forum, said on Twitter: [the Department for International Trade] Not in good shape. Sure we can and can export some foods all over the world (most obviously Scotch), but the lost local market is difficult to replace. . .

recommendation

“Basically, distorting trade policy for local markets is unprecedented among developed democracies, and for good reason.”

According to the British Food and Beverage Federation, UK food and beverage exports surpassed 23 billion pounds in 2019, but added that the pandemic trade fell by almost 13% in the first three quarters of 2020. About 60% of exports last year were exported to the European Union, but far more than those imported from the continent.

James Withers, chief executive of trading agency Scottish Food and Drink, said red meat exports from Scotland to the EU are worth 25 times more than exports to Asia in 2019.

Certain problems after Brexit have affected the UK fishery industry, and it turns out that many exports are virtually banned as the UK is subject to EU health and safety regulations on imports from third countries. Pig exports have also been hit hard, leading to a surplus on British farms, with many small food companies reporting significant costs and delays due to new EU import requirements.

But while the food sector is battling these issues, there is hope to increase exports elsewhere. The UK said in January it would apply to join the CPTPP Free Trade Zone, which consists of 11 Asia Pacific countries including Australia, Canada, Japan and New Zealand.

Truss’ campaign has short-term funding of £2m and will include new employees in her department, she said.

NFU’s Chairman Minette Batters said, “We’ve been lazy exporters throughout our time in the EU.”

What Are The Main Benefits Of Comparing Car Insurance Quotes Online

LOS ANGELES, CA / ACCESSWIRE / June 24, 2020, / Compare-autoinsurance.Org has launched a new blog post that presents the main benefits of comparing multiple car insurance quotes. For more info and free online quotes, please visit https://compare-autoinsurance.Org/the-advantages-of-comparing-prices-with-car-insurance-quotes-online/ The modern society has numerous technological advantages. One important advantage is the speed at which information is sent and received. With the help of the internet, the shopping habits of many persons have drastically changed. The car insurance industry hasn't remained untouched by these changes. On the internet, drivers can compare insurance prices and find out which sellers have the best offers. View photos The advantages of comparing online car insurance quotes are the following: Online quotes can be obtained from anywhere and at any time. Unlike physical insurance agencies, websites don't have a specific schedule and they are available at any time. Drivers that have busy working schedules, can compare quotes from anywhere and at any time, even at midnight. Multiple choices. Almost all insurance providers, no matter if they are well-known brands or just local insurers, have an online presence. Online quotes will allow policyholders the chance to discover multiple insurance companies and check their prices. Drivers are no longer required to get quotes from just a few known insurance companies. Also, local and regional insurers can provide lower insurance rates for the same services. Accurate insurance estimates. Online quotes can only be accurate if the customers provide accurate and real info about their car models and driving history. Lying about past driving incidents can make the price estimates to be lower, but when dealing with an insurance company lying to them is useless. Usually, insurance companies will do research about a potential customer before granting him coverage. Online quotes can be sorted easily. Although drivers are recommended to not choose a policy just based on its price, drivers can easily sort quotes by insurance price. Using brokerage websites will allow drivers to get quotes from multiple insurers, thus making the comparison faster and easier. For additional info, money-saving tips, and free car insurance quotes, visit https://compare-autoinsurance.Org/ Compare-autoinsurance.Org is an online provider of life, home, health, and auto insurance quotes. This website is unique because it does not simply stick to one kind of insurance provider, but brings the clients the best deals from many different online insurance carriers. In this way, clients have access to offers from multiple carriers all in one place: this website. On this site, customers have access to quotes for insurance plans from various agencies, such as local or nationwide agencies, brand names insurance companies, etc. "Online quotes can easily help drivers obtain better car insurance deals. All they have to do is to complete an online form with accurate and real info, then compare prices", said Russell Rabichev, Marketing Director of Internet Marketing Company. CONTACT: Company Name: Internet Marketing CompanyPerson for contact Name: Gurgu CPhone Number: (818) 359-3898Email: [email protected]: https://compare-autoinsurance.Org/ SOURCE: Compare-autoinsurance.Org View source version on accesswire.Com:https://www.Accesswire.Com/595055/What-Are-The-Main-Benefits-Of-Comparing-Car-Insurance-Quotes-Online View photos



picture credit

ExBUlletin

to request, modification Contact us at Here or [email protected]