Wednesday 2 April 2014

European Commission Objects to Marine Harvest Early Acquisition of Morpol

EUROPE - The European Commission has sent objections to salmon farmer and processor Marine Harvest over early implementation of its acquisition of competitor Morpol.


In December 2012 Marine Harvest had acquired a 48.5 per cent stake in its fellow Norwegian company Morpol.


This transaction was notified only in August 2013 and cleared subject to conditions in September 2013 (see IP/13/896). In the Commission's preliminary view, Marine Harvest has failed to notify its project to acquire Morpol to the Commission before it was implemented, in breach of the EU Merger Regulation.


If the infringement is confirmed, the Commission may impose a fine of up to 10 per cent of the company's annual worldwide turnover. The sending of a statement of objections does not prejudge the outcome of the investigation.

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International Poultry Council to meet in Istanbul

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World Bank's new agriculture project threatens food security, warn experts 

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Women: Empowering Africa's agriculture backbone

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India Meteorological Department's Pune arm warns of poor rains

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Global Warming a Threat to United States and World Agriculture

World Bank's new agriculture project threatens food security, warn experts

A World Bank pilot project designed to measure and improve agricultural productivity will jeopardise food security in developing countries and create a "one-size-fits-all model of development where corporations reign supremely", according to a coalition of thinktanks and NGOs.


An international campaign – Our Land; Our Business – is urging the Bank to abandon its Benchmarking the Business of Agriculture (BBA) programme, claiming it will serve only to encourage corporate land grabs and undermine the smallholder farmers who produce 80% of the food consumed in the developing world.


The campaign, whose signatories include the US-based Oakland Institute thinktank and the Pan-African Institute for Consumer Citizenship and Development, argues that the Bank's attempts to adapt its ease-of-doing-business rankings to the agricultural sector will sow poverty "by putting the interests of foreign investors before those of locals".

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Punjab must focus on R&D, extension & training services, post-harvest management


In order to push diversification in agriculture sector, Punjab must focus on research & development, extension & training services, post-harvest management, distribution & marketing channels, etc, according to a study conducted by Indian School of Business (ISB), Mohali. Currently, cropping pattern in the state is dominated by wheat and paddy. The Punjab Mandi Board entrusted the institute to undertake a research study analysing the potential of increase in the production of selected five commodities namely kinnow, maize, turmeric, moong and wood, as mentioned in the Agriculture Policy for Punjab-2013 (Draft) in terms of their existing markets and the potential to expand in the wake of proposed area expansion under alternate crops. The study was also intended to critically analyse the diversification strategy recommended by the Draft Policy and to enhance an understanding of how the government can best implement it. Earlier, Punjab government also demanded Rs 5,000 crore in 12th five year Plan for crop diversification in the state and asked the Centre to prepare a roadmap to bring the state out of wheat-paddy cultivation.

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