Canadian pork industry welcomes EU trade agreement
The Canadian pork industry has welcomed the conclusion of the trade negotiations with the EU, which will give Canadian processed pork products free access to the EU, together with a quota for 80,000 tonnes of pork cuts.
Prime Minister Stephen Harper and European commission President José Manuel Barroso signed a declaration marking the end of negotiations of the Canada-European Union comprehensive Economic and Trade Agreement (CETA) on the 26th of September.
The Canadian pork industry now urge both sides to work towards an aggressive timetable to bring the agreement into force.
Current exports of pork cuts to the EU are virtually non-existent. According to the Canadian Pork Council, this is not because Canadian prices are uncompetitive but instead is due to tariff and non-tariff barriers to entry into the EU market which CETA will now address.
CETA will provide the Canadian pork sector meaningful access to the EU market and an estimated economic return far greater than the projected export value when factoring in the additional economic development stimulated by the increased feed grain production, meat processing and distribution activities generated by these new sales of Canadian pork.
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