| The following GAIN reports were released on February 24, 2025. _______ The Democratic Republic of Congo (DRC) offers significant growth potential for U.S. food and beverage exporters, driven by its large population and increasing urbanization, U.S. agricultural and related product exports to the DRC are rising, with strong demand for wheat, poultry, vegetable oil, and rice. The DRC relies heavily on imports which accounts for 70 percent of its food needs, providing opportunities for U.S. suppliers to capture a larger market share. While competition from regional and European suppliers remains strong, the United States can leverage its reputation for quality products to expand its presence in the market. On February 13, President Trump and Prime Minister Modi issued a joint statement announcing lower tariffs on bourbon whiskey. Following the statement, the Government of India published a customs notification lowering the customs duty on imported bourbon whiskey from 150 percent to 100 percent, effective immediately, while the duty on all other alcoholic beverages remains unchanged at 150 percent. For more information, or for an archive of all FAS GAIN reports, please visit gain.fas.usda.gov/. |
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