Geneva | Reuters — World Trade Organization members were at odds on Friday over a proposal that would ban countries from restricting food aid deliveries, potentially complicating the response to a feared COVID-fuelled humanitarian catastrophe next year. The proposal was one of two related to the pandemic that failed to make headway at a three-day […] Read more
Ban on food aid restrictions blocked at WTO
WTO says outcome 'disappointing' in difficult year
Irritated trade partners push back on China’s coronavirus food tests
Canada rips testing as 'unjustified trade restrictions'
Beijing/Geneva | Reuters — Major food-producing countries are growing increasingly frustrated with China’s scrutiny of imported products and are calling on it to stop aggressive testing for the coronavirus, which some say is tantamount to a trade restriction. China says it has found the virus on the packaging of products from 20 countries including German […] Read more
Vitol plans grain market debut, hires Viterra traders
Hired Trading houses expanding into new commodities markets were quick to pounce on Viterra staff not needed by Glencore
Reading Time: 2 minutes Reuters / Top oil trader Vitol is building a global grains desk and has taken advantage of Glencore’s takeover of Canadian grains giant Viterra to hire a team of its traders, trading sources said Feb. 20. Vitol, which has an annual turnover of nearly $300 billion, will vie for market share along with rival trading […] Read moreEnergy firm hires Viterra traders for grain market debut
Top oil trader Vitol is building a global grains desk and has taken advantage of Glencore’s takeover of Canadian grains giant Viterra to hire a team of its traders, trading sources said Wednesday. Vitol, which has an annual turnover of nearly US$300 billion, will vie for market share along with rival trading firms Gunvor and […] Read more
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