Canadian beef industry welcomes EU deal - leatherbiz: Leading news sit Leatherbiz

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Canadian beef industry welcomes EU deal

31/10/2016
Beef producers in Canada have welcomed the long-awaited signing of a trade deal with the EU, which is likely to boost the country’s exports of agriculture and food products. 

The Canada-EU Comprehensive Economic and Trade Agreement (CETA) was signed in Brussels on October 30 by Canadian Prime Minister Justin Trudeau and leading EU officials. It had previously been held up after an objection from a Belgian region. 

The deal, if ratified, will remove 98% of tariffs on goods traded between Canada and the EU.

The Canadian Cattlemen’s Association (CCA) congratulated Mr Trudeau and Chrystia Freeland, the country’s International Trade Minister, for agreeing the deal. 

It said that the elimination of tariffs means the EU has the potential to become a $600 million annual market for Canadian beef. This compares to current levels of $6-$10 million per year.

Related stories:

Canada and Mexico confirm beef agreement 13/10/2016
Taiwan issues permit for Canadian beef shipment 07/09/2016
Forest conservation on agenda at Beef sustainability conference 02/09/2016
Government to up investment in Canadian beef 21/07/2016
Taiwan lifts ban on beef from Canada 12/07/2016
Mexican market reopens to all Canadian beef 29/06/2016
Canada launches expanded beef verification programme 17/06/2016

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