BREAKING NEWS !

Michael’s Genuine Food & Drink: A Cornerstone of Miami’s Culinary Scene

-
Image
In the world of modern dining, it is rare to find a restaurant that combines high-quality ingredients, exceptional service, and a genuine dedication to the craft of cooking. Michael’s Genuine Food & Drink, located in the heart of Miami’s Design District, does just that. Since its opening in 2007, it has become a cornerstone of Miami’s culinary landscape, known for its vibrant atmosphere, locally sourced dishes, and commitment to sustainability. This article delves into the essence of Michael’s Genuine Food & Drink, exploring its history, menu, culinary philosophy, and its impact on Miami’s food scene. A Vision Realized: The Birth of Michael’s Genuine Michael’s Genuine Food & Drink was founded by renowned chef Michael Schwartz, who, even before opening his own restaurant, had established a reputation for his dedication to fresh, local ingredients and simple, but sophisticated cooking techniques. Schwartz’s early experiences working at high-end restaurants like “The Ritz-Car...
Post a Comment

Indonesia and the UK Ink Cassava Export Deal

-



Source tempo.co

Indonesia and the UK Ink Cassava Export Deal

Jakarta's TEMPO.CO Particularly in light of the UK's Brexit, Indonesia and the UK have reached an agreement on the country's concession timetable for the Tariff Rate Quota (TRQ) with country-specific Indonesia for cassava goods. With a 6 percent tariff, Indonesia may export up to 660,000 tons of cassava (HS 071410) annually using this.

On October 24, at the World Trade Organization's Senior Official Meeting (SOM) in Geneva, the agreement was signed (WTO). The agreement was signed by DG Djatmiko Bris Witjaksono of Indonesian International Trade Agreements Negotiations and DG Joanna Crellin of the UK Trade System.

Djatmiko said that Brexit's opportunities and challenges were the reason behind Indonesia and the UK's agreement. First of all, TRQ varies per nation. This means that just 660,000 cassava are meant for Indonesia annually. Second, the import duty on cassava will drop to 6% as a result of this arrangement.

The exporters from Indonesia will profit from this. The standard price of the most favored nation in Indonesia, which is £7.90 per kilogram, must be applied to Indonesia in comparison to the rate in place prior to the TRQ, he stated.

Trademap.org data shows that over the previous ten years, the UK's domestic demand for cassava products averaged 4,268 tonnes. Indonesia has only made up 1.95 percent of all UK imports, which is a negligible contribution to the demand.

According to the data, Indonesia exported 27,000 tons of frozen cassava (HS 071410), or US$19.2 million, to other countries during the five years between 2018 and 2022. Meanwhile, 80 tonnes of Indonesian goods were exported annually to the UK.

Notwithstanding this, the value of the exports increased annually, reaching US$122,000 in 2018, US$138,000 in 2019, US$146,000 in 2020, US$241,000 in 2021, and US$316,000 in 2022.

Djatmiko emphasized, therefore, that TRQ is an essential facility for projecting future cassava exports. Thus, it is anticipated that Indonesian farmers will boost their capacity for cassava production. Moreover, companies or exporters want to accelerate TRQ implementation by utilizing the 6 percent levy. In the UK's markets, hopefully, the outcomes of the negotiations would boost production and cassava's competitiveness to become an export good," he said

Source Tempo.co

Comments

Post a Comment

Popular posts from this blog

President Jokowi: Indonesia Is About to Become a New Economic Superpower

-
Image
Along with China and India, President Joko "Jokowi" Widodo has voiced optimism that Indonesia will emerge as one of the new economic superpowers. With the transition from the West to Asia, we have entered "the Asian century." Another change in the economy's growth pattern is Asia. In his opening remarks at the BNI Investor Daily Summit 2024, held on Tuesday, October 8, at the Jakarta Convention Center (JCC), Senayan, Jakarta, President Jokowi stated that three new economic powers—India, China, and Indonesia—are expected to emerge in Asia. But he also cautioned that Indonesia would have to overcome many obstacles and fulfill a number of standards in order to accomplish that aim. Thus, the President continued, maintaining optimism is essential while dealing with a variety of global issues, including as the effects of climate change, economic downturns, and heightened geopolitical tensions. He said that all of these have an impact on the world economy, which includ...
Read more

In Jordan's Petra, a highly precious secret tomb was discovered.

-
Image
LONDON: According to The Times, archaeologists have discovered hundreds of artifacts and human remains in a secret tomb in Petra, Jordan. Researchers may be able to answer long-standing doubts about the ancient city's origins and its builders thanks to the discovery of the 2,000-year-old underground location. The tomb, which was beneath Petra's Treasury, had hundreds of bronze, iron, and ceramic objects in addition to twelve well-preserved skeletons. The renowned structure, which has been portrayed in movies like "Indiana Jones and the Last Crusade," was excavated beneath it by the combined US-Jordanian archaeological team that discovered the discovery. The tomb is thought to have been commissioned by residents of high social status based on its central location inside the UNESCO World Heritage Site. Lead archaeologist Dr. Pearce Paul Creasman, executive director of the American Center of Research, anticipates hundreds more items to be found as excavation proceeds. Th...
Read more

In the first half of2024, visitors to the Kingdom spent more than $24 billion.

-
Image
RIYADH: According to the Saudi Ministry of Tourism, the Kingdom had an 8.2 percent increase in international tourist expenditure in the first half of 2024 as compared to the same period in 2023. Approximately SR92.6 billion ($24.5 billion) was spent in all. According to the Saudi Press Agency, the Kingdom also declared a surplus in the travel account, estimated to be worth SR41.6 billion. The Kingdom has seen a rise in visitor expenditure, which is one of the major trends in the tourism industry. According to the UN World Tourism Organization, during the first seven months of 2024, compared with the same period in 2019, the Kingdom led the list of G20 countries in terms of growth in the number of foreign visitors and growth in international tourism income. The data released validates the efficacy of the measures implemented by the tourism system to attain worldwide leadership in the industry. These measures include the utilization of optimal tourism development practices, enhancement o...
Read more