| The following GAIN reports were released on July 8, 2021. _______ The military coup continues to negatively impact Burma's economy. Arriving shipments, however, are being cleared, and trade is continuing in some fashion or another. The current unstable security situation, continued disruptions in the banking sector, Burma's third wave of COVID-19, and logistical challenges are but a few of the ongoing obstacles that impedes economic stability in Burma. This report provides situational updates from Post's May 2021 report. Health Canada launched public consultations on a proposed regulatory framework for supplemented foods, closing on August 25, 2021. The draft regulations stipulate which foods can be supplemented and the supplemental ingredients that can be used. The draft regulations also include labeling requirements for a caution identifier and supplemented food facts table. Currently, supplemented foods are regulated on a case-by-case, temporary basis through marketing authorization letters. In 2020, the total value of all retail food and beverage (F&B) sales in Japan was $474.13 billion, a 1.5 percent increase over 2019 sales of $466.97 billion. One-stop shopping became very important during the COVID-19 pandemic, especially during multiple States of Emergency throughout Japan when the government urged citizens to stay home. Supermarkets continue to represent the bulk of the retail food market, accounting for a 74 percent share. Drugstores and internet sales of food and beverages are steadily increasing. Ready-to-eat meals (REM) and take-home food items represent another strong area of growth, and sales from this sector are key to increase retail food and beverage industry revenue. On June 22, 2021, Korea announced an additional 36,000 MT temporary tariff rate quota (TRQ) for eggs and egg products in effect until December 31, 2021. The additional TRQ will help maintain increased levels of egg imports to stabilize egg prices in the Korean market. Strong demand for imports of U.S. eggs into Korea is likely to continue through at least August 2021. On June 25, Michael Conlon, Agricultural Counselor, and Sinem Duyum, Agricultural Specialist, attended an event at Kafkas University to celebrate the donation of 67 Beefmaster embryos to Turkey by the U.S. livestock industry. The donation took place in early 2021 and will build goodwill between the United States and Turkey as these embryos will be used to develop the foundation for a Turkish Beefmaster herd and should help increase sales of U.S. livestock genetics to Turkey.
For more information, or for an archive of all FAS GAIN reports, please visit gain.fas.usda.gov/. | 
No comments:
Post a Comment