World Grain - April 2016 - 17

NEWSREVIEW

Japan initiates TPP ratification process
WASHINGTON, D.C., U.S. - Japan's government announced March
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The announcement came through adoption of a cabinet resolution
that says the Japanese government will submit 11 bills to the Japanese
Parliament, known as the Diet, aiming at ratifying TPP and enacting the
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The government intends to deliberate and pass the bills during the
current Diet session that ends on June 1 to avoid making TPP adoption
a focal issue during the Japanese general election that is very likely to
be called in July.
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the lead in proceeding with necessary domestic arrangements. Japanese
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be renegotiated, noting it was hard won and agreed to by all 12 parties
at the negotiating table.
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in many countries will be on a long timeline.
In the U.S., top lawmakers are cautious about addressing the
agreement before November's presidential election, given that many of
the Democratic and Republican presidential candidates have expressed
opposition to the accord.
Canadian Prime Minister Justin Trudeau, who met with U.S. President
Barack Obama in Washington, D.C., U.S., has not committed to any
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On the other side of the spectrum, Malaysia has signaled that all
amendments in relation to TPP compliance may be completed by year
end. Other TPP member countries have indicated that they will take
most of 2016 to seek approval.
The agreement will enter into force 60 days after all 12 member
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accounting for 85% of the combined gross domestic product of the 12
signatories. In practice, this means both the U.S. and Japan must ratify
the agreement.

Algeria's prime minister inaugurates grain storage facility
ANNABA, ALGERIA -Abdelmalek Sellal, Algeria's prime minister,
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storage facility.
The grain storage facility has silos with 50,000 tonnes of storage

capacity. The facility will create 180 jobs and about 2.5 billion dinars
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quintals of durum wheat per hectare.

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Global Industries, Inc.
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Grand Island, NE USA 68802
E-mail: international@globalindinc.com
For more information, see Page 98.
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