Vietnam lifts phytosanitary restrictions on field thistle seeds in agricultural imports from Oct. 1
Vietnam lifts phytosanitary restrictions on field thistle seeds in ... S&P Global
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Highlights
Buyers can directly import wheat from Northern hemisphere
Shift in import flows still hinges on prices: sources
Vietnam’s Ministry of Agriculture and Rural Development will remove phytosanitary restrictions on field thistle seeds (Cirsium arvense) in imported agricultural products effective Oct. 1, according to an updated circular released Aug. 15 seen by S&P Global Commodity Insights.
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Field thistle, also known as Canada thistle, is ubiquitous across countries in the Northern Hemisphere such as the US, Canada and Europe. Some local traders are able to assist with phytosanitary issues and facilitate the trading of plant products, primarily grain, from these regions to Vietnamese buyers.
The ministry’s move to raise phytosanitary restrictions on field thistle seeds altogether could have significant implications for wheat importers in Vietnam as it opens the doors to direct imports of wheat from Black Sea countries like Canada and the US.
“With this updated policy, we can import [wheat from] all Northern hemisphere origins ourselves instead of going through a middleman like before due to phytosanitary restrictions,” said a buyer based in Vietnam.
“This should be good news for US and Canadian shippers,” added a grains trader based in Singapore. “But the US has been exporting [wheat] more frequently to Vietnam before this, so perhaps it will be more bullish for bulk demand of Canadian wheat.”
However, sources said it could be some time yet before any significant shift in trade flows of grain to Vietnam emerges.
“We are still importing wheat from other origins normally,” said a local buyer. “At the end of the day, it will still come down to price. I don’t have a straightforward answer on that [the shift of trade flows].”
SDGs, Targets, and Indicators in the Article
1. Which SDGs are addressed or connected to the issues highlighted in the article?
- SDG 2: Zero Hunger
- SDG 8: Decent Work and Economic Growth
- SDG 17: Partnerships for the Goals
2. What specific targets under those SDGs can be identified based on the article’s content?
- SDG 2.3: By 2030, double the agricultural productivity and incomes of small-scale food producers, in particular women, indigenous peoples, family farmers, pastoralists, and fishers, including through secure and equal access to land, other productive resources and inputs, knowledge, financial services, markets, and opportunities for value addition and non-farm employment.
- SDG 8.3: Promote development-oriented policies that support productive activities, decent job creation, entrepreneurship, creativity, and innovation, and encourage the formalization and growth of micro-, small- and medium-sized enterprises, including through access to financial services.
- SDG 17.11: Significantly increase the exports of developing countries, in particular with a view to doubling the least developed countries’ share of global exports by 2020.
3. Are there any indicators mentioned or implied in the article that can be used to measure progress towards the identified targets?
- Indicator for SDG 2.3: Agricultural productivity and incomes of small-scale food producers
- Indicator for SDG 8.3: Number of micro-, small- and medium-sized enterprises with access to financial services
- Indicator for SDG 17.11: Exports of developing countries and the share of least developed countries’ exports in global exports
Table: SDGs, Targets, and Indicators
| SDGs | Targets | Indicators |
|---|---|---|
| SDG 2: Zero Hunger | 2.3: By 2030, double the agricultural productivity and incomes of small-scale food producers, in particular women, indigenous peoples, family farmers, pastoralists, and fishers, including through secure and equal access to land, other productive resources and inputs, knowledge, financial services, markets, and opportunities for value addition and non-farm employment. | Agricultural productivity and incomes of small-scale food producers |
| SDG 8: Decent Work and Economic Growth | 8.3: Promote development-oriented policies that support productive activities, decent job creation, entrepreneurship, creativity, and innovation, and encourage the formalization and growth of micro-, small- and medium-sized enterprises, including through access to financial services. | Number of micro-, small- and medium-sized enterprises with access to financial services |
| SDG 17: Partnerships for the Goals | 17.11: Significantly increase the exports of developing countries, in particular with a view to doubling the least developed countries’ share of global exports by 2020. | Exports of developing countries and the share of least developed countries’ exports in global exports |
Behold! This splendid article springs forth from the wellspring of knowledge, shaped by a wondrous proprietary AI technology that delved into a vast ocean of data, illuminating the path towards the Sustainable Development Goals. Remember that all rights are reserved by SDG Investors LLC, empowering us to champion progress together.
Source: spglobal.com
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