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In 2023, Hong Kong did not have any policy changes to regulations pertaining to genetically engineered (GE) products. GE products are subject to the same food regulations of conventional foods.

Bite size local news, Post reports and activity summaries wrapped by ATO Hong Kong. In this issue: ATO Hong Kong launches Delicious USA 2024 with a record 51 restaurants offering Hong Kong and Macau patrons a chance to “Taste the Finest”...

Israel does not have a policy restricting the use of imported genetically engineered (GE) commodities or derivative products. There are no changes in Israel’s policy towards plant, animal biotechnology, and microbial biotechnology since 2023.

The beef sector in Israel is growing and is heavily reliant upon imports. Israel’s lack of grazing land for cattle and an increasing population are the main factors contributing to the growth in demand for beef imports.

Grape production in Peru is forecast to reach 790,000 metric tons (MT) in marketing year (MY) 2024/2025, an increase of two percent compared to the previous year. The expected increase is due to improved climatic conditions in northern coastal regions which represents 48 percent of the total production area.

With over 2,500 facilities, the Israeli food processing sector is an important player in the domestic economy. In 2022, Israeli food processors' annual revenue stood at $23.19 billion.

Since 2011, Peru has continued its moratorium on biotechnology due to concern on its impact to the environment. The scientific community, however pledges to adopt it . In January 2021, Peru extended the previous ten-year biotechnology moratorium for another fifteen years.

This report supplements GAIN report IS2-24-0020: Israel Adopts Additional European Union Standards for Agricultural Imports and includes translations of the documents from Hebrew to English referenced in the report.

The food retail sector in Peru is anticipated to experience 5 percent growth by the conclusion of 2024, attributed to the overall enhancement in the country's economic landscape and targeted strategies devised by both the modern and traditional food channels.

Bite size local news, Post reports and activity summaries wrapped by ATO Hong Kong.

On October 16 the Hong Kong Government (HKG) announced a significant reduction in the duty on imported alcoholic beverages with an alcohol content above 30 percent by volume.

On August 4, 2024, the Government of Israel published the “Tenth Amendment to the Protection of Public Health (Food) – 2015” legislation under the Food Reform Law, which adopted more than 40 new food directives and regulations aligning with European Union standards.