Rumored EU import policy changes could impact US trade if they come to fruition, said Tradex Foods’ Rob Reierson in his weekly seafood market insight.
From Dec. 13 2014 there could be a common organization of the markets in fishery and aquaculture products, which would see professional organizations made responsible for marketing standards, consumer information and competition rules, he said.
One significant change would see the rules on disclosure of glaze on products altered. For instance, if a product contained 20% glaze, it would have to state 4 kilogram weight, rather than 5kg as would be allowed currently.
New rules on compliance are also rumored, which would see US exports to the EU forced to comply with the same standards enforced on EU producers.
There is a push for a union-wide ecolabel to be developed, with minimum standards, and an organization monitoring for correct labeling – including the use of DNA testing.
Labels may also require extra information, such as the flag state of the company/ vessel, fishing gear used, and information on the landing port.
“This may be far away from the US industry, but it is a big step in fighting seafood fraud,” commented Reierson.
See his market insight video below.