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- (-) December 2015
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Indonesia faces economic challenges in 2015 and 2016. Bank Indonesia expects growth at approximately 4.7 – 5.1 percent in 2015 and 5.2-5.6 percent in 2016.
The Indonesian food processing industry will serve a population of 255 million in 2016 and offer significant market potential for U.S. food and ingredient suppliers.
One new veterinary certificate was negotiated in 2015: the certificate for breeding cattle.
Favorable cotton prices relative to synthetic fiber prices, combined with the expansion of large mills, have led to higher imports and consumption of cotton in MY 2014/2015.
Indonesia is experiencing an El Nino event characterized by atypical dryness throughout much of its palm oil production regions.
The Minister of Agricultural Policy and Food of Ukraine and representatives of non-governmental organizations signed a non-binding Memorandum of Understanding (MoU) on grain exports for MY 2015/16.
On November 18, 2015, Ukraine’s Cabinet of Ministers moved the “State Service on Safety of Foodstuffs and Consumer Protection” under Ministry of Agricultural Policy and Food authority.