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Venezuela is a significant importer of agricultural products totaling $8.3 billion in 2014, according to data from the Government of the Bolivarian Republic of Venezuela (GBRV).
Sub-Saharan Africa’s voracious appetite for imported agricultural goods is a direct result of the region’s robust growth in gross domestic product (GDP) and population.
In April 2015, the GON passed the lingered biosafety bill into law and created the National Biosafety Management Agency (NBMA).
Continued interest expressed by farmers and agricultural scientists to improve agricultural output via biotechnology has not resulted in a legal framework for either testing or commercializing...
Post expects wheat, corn and rice imports to be tight due to the lack of availability of foreign exchange.
MY2015/16 domestic sugar production is estimated at 70,000 tons (raw value), a decline of over seven percent from the 2014/15 estimate of 75,000 tons.
Coffee production in MY 2014/15 is expected to decline by 30 percent compared to MY 2013/14, the largest year-to-year reduction and lowest production level in at least the past 15 years...
Post estimates U.S. 2015/16 wheat exports to Nigeria at 2.3 million tons, a 17 percent decrease largely due to existing import levies.
The Venezuelan sugar industry expects domestic sugar production to drop in MY 2015/2016, constrained by price controls and limited foreign exchange to import raw sugar.
The lack of agricultural inputs, price controls and rising production costs continue to negatively impact agricultural production in Venezuela.
The passage of a bio-safety bill has faced many hiccups in Nigeria, the country’s policy makers now appear to be set for the passage of the bill and subsequent executive assent.
On January 27, 2015, the government of Nigeria (GON) in Abuja, Nigeria’s capital city, inaugurated: 1) Inter-Ministerial Committee on Food Safety and 2) National Food Safety Management Committee.