ACCREDITATION OF OTHER COUNTRIES
Ms Fu stated that Singapore doesn’t have any vital import charges that may hinder the institution of latest markets.
Nations like Thailand and Australia are accredited for the importation of dwell and chilled rooster, however 99 per cent of the market is taken by Malaysia, she stated.
Regardless of Singapore accrediting different international locations, importers proceed to work with Malaysia due to proximity and an extended historical past collectively, she stated.
“There’ll at all times be a value aggressive purpose for importers to gravitate to the supply market,” she added.
Generally that is due to proximity and established logistics chains that permit items to reach most rapidly, she stated.
“They (importers) shall be reluctant to attempt new areas that will improve the prices. They might be reluctant to attempt new merchandise as a result of it isn’t acquainted to the shoppers,” she stated.
“So once in a while, we have now to judge the necessity for licensing situation. Now we have performed so for eggs and we’ll take into consideration whether or not it’s a necessity for rooster as properly.”
She cautioned nonetheless that the extra situations the nation imposes on licences and enterprise rules, the extra rigidity they’ll introduce.
“We might should do it as a result of it’s a trade-off to encourage companies or to require companies to diversify,” she stated.
“If we discover that there is a strategic purpose for us to take action, we’ll accomplish that.”