After months spent working to erase their image as emerging markets to avoid, the Iraq crisis and its influence on oil prices are putting the fragile five currencies back on investors’ sell lists.
Japan’s ruling party wants to increase corporate participation in agriculture to boost the competitiveness of the nation’s farms as pressure increases to cut import tariffs.
Grain South Africa, an industry body, will decide “soon” whether to seek an increase in the import tariff on wheat, General Manager Jannie de Villiers said today by phone from Pretoria.
Japan’s campaign to boost renewable power supplies since the Fukushima nuclear disaster is producing some unlikely winners: vegetable farmers.
South Korea will temporarily remove an import tariff on milling-wheat shipments from Jan. 1 to help “stabilize” local prices, the nation’s finance ministry said.
Egypt scrapped import tariffs on raw and white sugar, applied last year as a measure to protect its domestic industry, after finding lower capacity utilization and profitability weren’t caused by increased imports.