Global food import bill to hit new record; Malaysia's JAKIM clarifies halal food import requirements; PIF to invest up to $3 billion in Jordan; Saudi Arabia to spend $1 billion a year on anti-aging research; Mindanao invests in halal feed mill; Iran and Nigeria strengthen ties.
Global food import bill to hit new record
The global food import bill is set to hit a new record of $1.8 trillion this year, according to the UN’s Food and Agriculture Organization (FAO) Food Outlook report. While the food bill is to be higher, due to higher prices and transport costs volumes will be less.
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