South Africa, US agree on terms for poul­try im­ports

Kuwait Times - - BUSINESS - Iran plans to in­crease the pro­duc­tion of nat­u­ral gas

CAPE TOWN: South Africa has signed an agree­ment with the United States to re­sume im­port of 65,000 tons of chicken each year, which had be­come bogged down over health con­cerns, the gov­ern­ment said on Tues­day. The ve­teri­nary trade pro­to­col comes af­ter the US threat­ened to sus­pend trade ben­e­fits for South African farm prod­ucts ear­lier this month, in re­tal­i­a­tion against the clamp down on poul­try im­ports. South Africa has been con­cerned that an out­break of avian flu in the United States which killed nearly 50 mil­lion birds could pose an­i­mal and hu­man health risks to Africa’s most ad­vanced econ­omy. “We are on track to re­solv­ing the out­stand­ing is­sues re­lated to beef and meat. The chicken pro­to­col shows we are mov­ing in the right di­rec­tion,” South Africa’s Depart­ment of Trade and In­dus­try spokesman Sid­well Medupe said, adding that out­stand­ing is­sues will be fi­nal­ized by Dec 31. The pact the two coun­tries signed is part of the African Growth and Op­por­tu­nity Act (AGOA), a US pro­gram de­signed to help African ex­porters. The agree­ment would see the United States emerge as one of the top poul­try ex­porters to South Africa. DUBAI: Iran plans to in­crease its pro­duc­tion of nat­u­ral gas to more than 1 bil­lion cu­bic me­ters (bcm) a day in the next two and a half years, Oil Min­is­ter Bi­jan Zan­ganeh was quoted as say­ing yes­ter­day. Speak­ing at a news con­fer­ence ahead of next week’s meet­ing of the Gas Ex­port­ing Coun­tries Fo­rum (GECF) in Tehran, Zan­ganeh also said Iran was ready to ex­port gas to neigh­bor­ing Iraq. “Ac­cord­ing to our plans, in the next two and a half years the coun­try’s gas pro­duc­tion will in­crease to more than 1,000 mil­lion cu­bic me­ters a day,” Zan­ganeh was quoted as say­ing by the Oil Min­istry’s news agency Shana. “We are ready to ex­port gas to Iraq ... the to­tal will be more than 50 mil­lion cu­bic me­tres a day,” he added. Iran’s gas pro­duc­tion, ex­clud­ing flared and re-in­jected gas, more than dou­bled to 160.5 bcm by 2012 from 75 bcm in 2002. Iran has huge gas re­serves. It ex­ports small quan­ti­ties to Tur­key but has been un­able to in­crease pro­duc­tion quickly enough to meet its own de­mand and north­ern Iran re­lies heav­ily on gas im­ports from Turk­menistan, es­pe­cially for heat­ing in win­ter.

ABUJA:

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