Regulation (EU) No 231/2012 of the European Commission, establishing specifications for foodadditives listed in Annexes II and III of Regulation (CE) No. 1333/2008 of the European Parliament and Council will apply from 1st December 2012, with exceptions.
The Annex to that Regulation lays down the specifications for food additives, including colors and sweeteners listed in Annexes II and III of Regulation (EC). 1333/2008. Therefore directives 2008/60/EC, 2008/84/EC and 2008/128/EC will be repealed as of December 1st, 2012.
The above will apply from 1st December 2012. However, the specifications in the Annex for steviol glycosides additives (E 960) and basic methacrylate copolymer (E 1205) will apply from the date of entry into force of the ruling (twentieth day following its publication).
Current consumption in the European market has reached $65 million and is still growing, estimated to reach $200 million in 5 years.
A statement by PROCOMER reads:
The market for coconut water in the European Union has an estimated value of USD 65 million, and according to projections, anticipated sales could reach $200 million over five years but there is no intensive advertising or marketing being undertaken.
The Chamber of Exporters demanded the next administration greater commitment with the exporting sector.
"An example: the Free Zone Law. We know it will provide greater security for companies and attract more investment. However, it is useless to have a law which favors the most vulnerable or unprotected areas, if we don't have the required infrastructure, staff and telecommunications", stated Mónica Araya, president of the Chamber of Exporters.
The European Union is proposing simplifying the approval processes for "novel foods" products, so called because they have no history of consumption, are produced with new ingredients or are "traditional" in origin.
From a press release issued by the Costa Rican Foreign Trade Promotion Office (Procomer):
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