Breaking News

Asia Today ISSN 1861-4604 Monday, October 23, 2017

Headline

World’s leading agriculture fair opens amid recovery concerns

The organizer said it attracted a record number of exhibitors in 44 years

Share on Facebook January 19, 2015, Reporter : FTimes, Reader : 490

news

The 80th International Green Week, a leading global agriculture trade fair, opened to visitors in Berlin on Friday, attracting thousands of traders looking for business opportunities at a time when the overall economy was not satisfying.

The trade fair, which dated back to 1926 and claimed to be the largest exhibition for agriculture, food industry and horticulture, attracted a total of 1,718 exhibitors from 71 countries and regions this year.

The organizer said it attracted a record number of exhibitors in 44 years; nearly 40 percent of them came from abroad.

From Friday 16 to 25 January, some 450,000 visitors would be able to experience a diversity of food items, animals, flowers and other specialties from around the world at a display area covering 130,000 square meters.

For trade visitors, especially those from Europe where economic situation was yet to improve, the fair would be a chance for them to find new opportunities.

"This year Germany's farming industry faces big challenges. Good harvests and a weakening economy have resulted in the markets for farming produce coming under pressure in many parts," said German Farmers' Union President Joachim Rukwied.

Data from German Food and Drink Industries showed that sales in German food industry fell slightly by 0.9 percent in price-adjusted terms in 2014 due to fierce competitions on international markets, stagnating retail prices, high cost and weak export business. Both the number of businesses and jobs in the industry decreased in Germany.

"The economic sanctions against Russia have made things worse," Rukwied said.

In August 2014, Russia launched an imports ban on most food products from the United States and Europe as a response to the West's sanctions.

The ban, which would last for one year, was expected to hit Germany the hardest as it was the biggest food exporting country in the EU for Russia with an exporting volume of 1.6 billion euros (about 1.8 billion U.S. dollars) in 2013.

From the whole EU, Russia imported food products worth 11.8 billion euros in 2013. Analysts said the tit-for-tat sanctions had forced European countries to intensify competitions for new markets.

In a speech at the opening ceremony of International Green Week on Thursday night, European Commissioner for Agriculture and Rural Development Phil Hogan said he hoped the agricultural and food sector could play "a similarly crucial role" in economic recovery for the whole Europe as the sector did in his mother country Ireland.

The commissioner also said he would set the reduction of administrative burden on farmers and simplification as "a top priority" for his work program in 2015.

The International Green Week Berlin 2015 is organised by Messe Berlin GmbH. Its non-commercial sponsors are the German Farmers’ Union (DBV) and the Federal Association of the German Food Industry (BVE).

More Euro Asia news of the month

Photos ‘Ignorant, imbecile’ Trump now attracts Britain’s ire

LONDON, U.K. - Donald Trump does it again. The U.S. President is facing widespread criticism in the U.K. after he wrongly linked the...

Photos Catalonia refuses to reveal plans, seeks talks with Madrid

MADRID, Spain - Faced with mounting pressure from all sides ahead of the deadline set by Madrid for clarifying if Catalonia has declared...

Photos Catalan leader headed for a paradigm-shifting future?

MADRID, Spain - Faced with a tough and defining choice between a bold future that will change the paradigms set over decades or sticking...

Photos Berlin Probe: Christmas Market Attacker Could Have Been Thwarted

BERLIN - The Tunisian man who carried out last year's deadly truck rampage at a Christmas market in Berlin could have been detained...

Photos Thousands calling for Spanish unity rally across the country

MADRID, Spain - Thousands calling for unity in Spain took to the streets on Sunday, following the wide split in the nation due to the...

Photos Macron, ’President of the rich’ sparks political furore

PARIS, France - The French President Emmanuel Macron got into more trouble on Thursday after he accused some disgruntled workers of...

Photos Germany pushes U.S. to participate in talks with Iran

BERLIN, Germany - Urging the United States against pulling out of the multilateral Iran nuclear deal, Germany along with other European...

Photos Chaos reigns: Spain moves to prevent Catalonia referendum

BARCELONA, Spain - Vowing to stop Catalonia's independence referendum, which was declared illegal by the country’s...

Photos Man shouts Allahu Akbar, stabs two women to death in France

MARSEILLE, France - In what is feared to become yet another incident in the string of terror attacks that France has faced over the last...

Flying Reimagined

Stock Index

Monday, October 23, 2017

Life Style

Photo Gallery

FEUILLETON