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Wednesday, 18 July 2018

The Commercial Registry has received three applications for the registration of the name Demerara as a Geographical Indication (GI). The three applications are for Demerara Sugar, Demerara Molasses and Demerara Rum. Frist Vice President (VP) Carl Greenidge said that recapturing the name provides opportunities for producers to obtain market recognition. ... GIs are names and other designations associated with quality products coming from specific places where the geographical origin of the products gives them specific qualities, characteristics and reputation. Unlike trademarks, a producer cannot take the name if production is no longer done in the country. The project is being funded by the European Union (EU) through the ACP-EU TBT Programme.

The Fijian Minister for Industry, Trade and Tourism, Hon. Faiyaz Koya, has called for immediate discussions on the impact that the United Kingdom’s (UK) withdrawal from the European Union (EU) will have on relationships between the Africa, Caribbean and Pacific Group of States (ACP), the EU and the UK. He made the call when speaking on behalf of Pacific ACP countries at the ACP Ministerial Trade Committee Meeting in Brussels.

The Puratos Group, a Belgian based company is to become an equal shareholder in Bidcorp Food's Bakery Solutions Division (BBS). BBS manufactures and supplies bakery ingredients to industrial bakers, the craft market and large retailers under the Chipkins and NCP brands in South Africa. Puratos, a €1.6bn-turnover business, is headquartered in Brussels and specialises in the development and production, as well as the international distribution and marketing of high quality ingredients for the global bakery, patisserie and chocolate sectors.

South Africa and Zambia have vowed to do things differently by enhancing their relations, which in turn will redress the trade imbalance between the two SADC countries. Relations are solid between Zambia and South Africa, with 2015 two-way trade statistics indicating that Zambia is one of South Africa's top trading partners on the continent and is currently ranked as South Africa's top 10 import sources in the world.

Despite concerns over acceptance of African agricultural produce in the European Union (EU), a study on Tuesday revealed that the adoption of food safety regulations will promote inter-regional trade of agriculture commodities to the EU. ‎The study, titled “Food Safety Regulations and Export Responses of Developing Nations: Lessons from South Africa and Namibia’s Fresh and Frozen Fish Exports to the EU”, was presented by Shingirirai Mashura, a Certified Economist from the University of Zimbabwe.