Developing Countries Will Lead Global Rice Import Growth in 2013-22, Says USDA Rice growers positive California MG prices are UP Russia MG Harvest coming to end Egypt open rice exports Vietnam’s rice export in tough competition with India Thai rice exports in May Rise Above Target This Year Viet-Nam Rice exports likely to fall this year
Australia Medium Grain Rice #1 $ N/A    Egypt 101 #2 $760    Egypt 178 #2 Rice $730    EU Prices Baldo €660    EU Prices LG-A Ariete 5% €550    EU Prices MG Lotto 5% €500    EU Prices RG Balilla 5% €500    Russia Rapan $ 700    USA Jupiter Paddy $375    USA Calrose #1 Paddy $480    USA Jupiter Rice $630    USA Calrose #1 $830   

 Main Page
 Home Page of This Title
 Medium Grain Rice Market
 Global Market News
 Grain News
 Pulses News
 Global Overview
 Importers Profile
 Exporters Profile
 What Is Rice
 History Of Rice
 Rice Harvest Seasons
 Rice Processing
 Rice Nutrition Facts
 Meals With Rice
 INCO Terms
 US Rice Standards
 EU Codex Standards
 Egyptian Specs
 Sponsor List
 All Links
 Commodity Exchange
Search in news database
Japanese want rice out of $66b free trade talks
Japan will push to have the politically charged crop of rice excluded from a free trade deal with Australia when talks on the proposed $66 billion accord begin next week.

The West Australian can reveal that Japanese officials hope to mimic the recently concluded South Korea-US free trade deal that deliberately excluded rice because of the crop's political sensitivity.

Rice is one of the biggest stumbling blocks in the Australia-Japan deal, which a study estimated would boost the Australian economy by $39 billion over 20 years and help Japan by $27 billion.

Effective tariffs on the Japanese rice market stand at close to 700 per cent, making it almost impossible for other countries to sell big amounts of the grain in Japan.

Australian trade officials said other free trade deals, such as that with the US, would prove a starting point for the talks that will start with two days of negotiations today and tomorrow.

"All products and issues will be on the table from the beginning of the negotiations," one official said.

"I'm sure there will be tricky issues as we go down the path and we expect agriculture will be a difficult aspect of the negotiations."

In the deal with the US, sugar was excluded from the final agreement after John Howard agreed to the move in a bid to finish the extended negotiations.

The US, in an effort to finish the deal with South Korea, agreed this month to exclude rice. Japanese officials believe that deal, with rice tariff cuts left out, could be a template for an agreement with Australia.

The West Australian also understands Japan will try to replicate the Australia-US deal in how it treats foreign investment, making it much easier for Japanese investors to buy Australian property and companies.

Australian officials said a free trade deal would benefit both nations but the country which liberalised its trading system the most stood to gain the most.

At a regional economic forum in China, Trade Minister Warren Truss said individual free trade deals in the absence of a World Trade Organisation agreement could improve prospects for a global trade pact. There are concerns within the WTO that bilateral deals could undermine its stalled trade talks.
MGR Archive 25.4.2007
Printer Friendly Version Of This Article
Send This Article To A Friend
User Name:
      Forgot your Password?
Region Type Price  
Russia Rapan $ 700
USA Jupiter Rice $630
USA Calrose #1 $830
USA Calrose #1 Paddy $480
EU Prices Baldo €660
Click for Details

Medium Grain Reports
Rice Market News
World Rice Markets and Trade
USDA Country Reports
Rice Market Monitor
Rice Outlook
Italian Paddy Supply
European Rice Weekly
EU Reports
Convert this amount:

  © 2002 All rights reserved. - Legal Notice