Philippines

UK struck new beef deal with the Philippines estimated at £34 million

Beef

The UK has received approval to export beef to the Philippines. The Department of Environment, Food and Rural Affairs (DEFRA) has estimated that the export deal is worth 34 million pounds to the UK economy, according to a press release.

Posted on Aug 16 ,14:58

UK struck new beef deal with the Philippines estimated at £34 million

 

Beef reared in the UK will now join pork, poultry, lamb and dairy on the list of UK food and drink shipped to the Philippines.

"Securing market access for our world-class beef to the Philippines is a huge vote of confidence for a sector that already exports more than £350 million around the world, including Hong Kong and Canada," said Food Minister George Eustice.

"The UK beef industry is the envy of the world and this strong demand globally for our traditional breeds reared to the highest welfare standards is what drives our exports and creates opportunities for our farmers."

The Philippines is the largest food and drink market in south east Asia with meat consumption expected to grow by 10% over the next five years.

 NEWSLETTER - Stay informed with the latest news!

Comments





Similar articles

AUSTRALIA

MLA: Australian cattle herd in official destock

The data, analysed by Meat & Livestock Australia (MLA), shows that the last quarter was the l...


Read more Read more
BRAZIL

JBS Fund and Basa sign agreement for credit to small producers in ParĂ¡

The partnership aims to facilitate access to Pronaf Mais Alimentos credit for 1,500 family farmer...


Read more Read more
UK

UK: NPA welcomes confirmation of 12-month EUDR delay

The European Commission proposed the delay in early October in response to concerns raised by mem...


Read more Read more
Websolutions by Angular Software and SpiderClass