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A global policy shift away from food aid toward local production - championed at the start of the decade by the World Food Programme among others - has sparked a green revolution, increasing Africa’s potential as a market, said Jacques Taylor, managing director of John Deere Ltd Sub-Saharan Africa. “We started to see a commercial market developing for agricultural commodities .. That gave an incentive for farmers to produce more,” he told Reuters in an interview late on Thursday.

Taylor said around 80 percent of its equipment shipments to Africa currently go to 10 markets, including South Africa, Zambia, Kenya and Ghana, “We see three or four countries with significant upside growth potential in the medium-term,” he said, “We see opportunity in countries like Angola, Zimbabwe, Ethiopia and obviously Nigeria.”, Deere, best known for its John Deere branded tractors, currently ships stainless steel silver block engravable cufflinks its products to local dealers in Africa where its main competitors include CNH Industrial (CNHI.MI) and Landini..

Deere’s dealer in Ethiopia is partnering with the government, in the midst of reforms, to set up an assembly plant to supply farm machinery to the market of around 100 million inhabitants. Zimbabwe is also undergoing of a major transition after long-time president Robert Mugabe, who was criticized for overseeing disastrous farm seizures, was ousted last year. “We have high hopes for Zimbabwe. It used to be the food basket for southern Africa. The potential is known,” Taylor said. “Zimbabwe could easily recover and get back to the levels of production they’ve seen in the past.”.

In neighboring South Africa, Deere’s most important market on the continent, President Cyril Ramaphosa’s ruling African stainless steel silver block engravable cufflinks National Congress has made land redistribution a key issue ahead of 2019 elections, Ramaphosa has promised the process will not threaten food security or growth, but the move has nonetheless unnerved some investors, “We do see it as a growth opportunity for us, There will be new entrants coming into agriculture,” Taylor said, “I think for the sake of the sector and the economy, it’s important for us to get clarity sooner than later.”..

TOKYO (Reuters) - The United States ambassador to Japan defended his country’s trade policies on Friday, saying they were not protectionist and were aimed at creating a more level playing field for American companies. “The United States is the most open major economy in the world,” Ambassador William Hagerty told reporters at the Japan National Press Club. “Japan and other countries have benefited greatly from that openness. So I want to make sure that we don’t mistake our efforts to achieve reciprocity for protectionism.”.

U.S, President Donald Trump has roiled Washington’s trade relations around the world notably with China as well as traditional allies in Europe and North America, And he has voiced displeasure with Japan’s $69 billion trade surplus with stainless steel silver block engravable cufflinks the United States in 2017 - almost two-thirds of that from auto exports - and wants a bilateral agreement to address it, Trump has asserted that Japans treats the United States unfairly by shipping millions of autos to North America while blocking imports of U.S, autos and farm products..

But Japan says its markets for manufactured goods are open, though it does protect politically sensitive farm products. “I think there are opportunities to open Japan’s market in a way that will be good for Japanese consumers, that will also be good for American businesses,” Hagerty said. Trump and Japanese Prime Minister Shinzo Abe agreed in September to begin talks for an accord, and discussions are expected to kick off in early 2019. Hagerty declined to address whether the United States would seek to cap imports of Japanese autos, saying Trade Representative Robert Lighthizer’s team was still setting its goals for the talks during a 90-day congressional mandated period.

But he promoted opportunities for Japanese manufacturers stainless steel silver block engravable cufflinks to invest in the United States, pointing to an improved business climate and the advantage of producing in a dollar-based economy, “The more you can produce in the market where you sell, the closer you are to your customer, and the more you de-risk your business model by taking significant currency risk off the table,” Hagerty said, Abe said after his September meeting with Trump that the Japanese auto sector had announced $20 billion in new investments in the United States since Trump took office..

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