Katy Bar the Door Malaysia had filed a WTO dispute settlement case against the EU’s Renewable Energy Directive, arguing it is prejudicil in limiting the amount of imported palm oil that could qualify under the scheme. Brussels has pursued other ways to limit imports of palm oil from Southeast Asia, for example arguing it contributes to deforestation. Yesterday, the WTO panel ruled that Malaysia failed to establish the specifics of any trade obligation violations involving Europe’s Indirect Land Use Calculation (ILUC). This will likely encourage other efforts to restrict imports along the same criteria. Pursuing Food Sovereignty French Minister of Agriculture Marc Fesneau has put his country’s “food sovereign...
Infrastructure investment due diligence
On behalf of a Canadian oilseed processer WPI's team provided market analysis, econometric modeling and financial due diligence in support of a $24 million-dollar investment in a Ukrainian crush plant. Consistent with WPI's findings, local production to supply the plant and the facility's output have expanded exponentially since the investment. WPI has conducted parallel work on behalf of U.S., South American and European clients, both private and public, in the agri-food space.
Key Takeaways: On Friday afternoon, President Trump announced that Russia will “immediately supply over 300,000 Tons of Diesel Fuel” to the United States. The deal, typical of this administration, is light on details but promises an additional 500,000 tons in November and 1 m...