USA: Meetings with Taiwan rice industry forecast continued positive trade trend

Published 2024년 5월 16일

Tridge summary

Representatives from the U.S. and Taiwan rice industries, along with Taiwan's Agriculture and Food Agency (AFA), convened in Taipei for their annual technical discussions. They covered topics such as rice production and utilization, Taiwan's purchasing of U.S. rice, WTO tariff rate quota fulfillment, crop protectant residue limits, and updates on U.S. price and freight. Since 2007, Taiwan has been importing U.S. rice under a country-specific quota, currently set at 64,634 MT. The meeting highlighted the significance of U.S. rice in Taiwan and expressed hopes for maintaining trade volumes and meeting WTO obligations in 2024.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

TAIPEI, TAIWAN – Representatives of the U.S. and Taiwan rice industries and Taiwan’s Agriculture and Food Agency (AFA) met here earlier this week for the group’s annual technical discussions. “Taiwan is a very important market for U.S. rice and we always appreciate the Taiwan rice industry’s willingness to meet with us and add to our discussions with AFA on the importance of U.S. rice in the Taiwanese market,” said California rice farmer Michael Rue who chairs the U.S. delegation. “We look forward to hosting the group in the United States in 2025 and the continued collaboration with AFA to ensure U.S. rice exporters meet the needs in Taiwan.” Topics for the meeting included an exchange of information on this year’s rice production and utilization in both countries; a review of Taiwan’s purchasing of U.S. rice including their World Trade Organization (WTO) tariff rate quota fulfillment requirements; discussion of Taiwan’s maximum residue limits for crop protectants used on ...

Would you like more in-depth insights?

Gain access to detailed market analysis tailored to your business needs.
By clicking “Accept Cookies,” I agree to provide cookies for statistical and personalized preference purposes. To learn more about our cookies, please read our Privacy Policy.