The Labelling Scheme on Nutrition Information Background information, Preparatory work and Way forward August 2005. Outline. Results of the public consultation exercise Results of the Regulatory Impact Assessment (RIA) Revised proposal. Aims of Nutrition Labelling.
The Labelling Schemeon Nutrition InformationBackground information, Preparatory work and Way forwardAugust 2005
Received about 180 written submissions
Regulatory Impact Assessment
* The percentages of prepackaged foods requiring relabelling and/or testing under various options (according to the market survey, currently there are approximately 22,000 product lines in the local market):
Most stringent options (I and V) >99% ; Most lenient options (IIV and VIII) >75%
Quantifying the Reduction in Nutrition-related Diseases:
Quantifying the Financial Benefits:
* Currently, there are approximately 22,000 prepackaged food product lines in the local market
The Latest Proposal
Factors for Considerations -
(protein, carbohydrate, total fat, saturated fat, sodium); and
(protein, carbohydrate, total fat, saturated fat, sodium, cholesterol, sugars, dietary fibre, calcium); and
Trade and Economic Costs
# Economic cost Includes trade cost; all costs are Net Present Value (NPV).
Figures of benefits are Net Present Value (NPV)
1 Net benefits = Benefits – Economic Costs
# Figures of benefits are Net Present Value (NPV)
Striking the right balance between achieving our long-term public health objectives and helping the trade in adapting to the changes in the short run.
- END -