Ottawa - Canada’s agriculture and agri-food exporters welcome the positive result of the European Union vote to ratify the Comprehensive Economic Trade Agreement (CETA) while asking the Canadian government to address important outstanding issues.
“CETA is a tremendous step forward for our trade-dependent farming and food sectors and getting the agreement through the European Parliament is good news for trade and speaks to the Canadian government’s efforts so far,” said Brian Innes, president of the Canadian Agri-Food Trade Alliance (CAFTA). “But we need to make sure that it the agreement delivers on its promises and eliminates non-tariff barriers that will continue to impede a large part of the agriculture and agrifood sector from getting real access to the market if not resolved.”
The agreement holds huge potential for growth and has been supported by CAFTA since negotiations began eight years ago. It will eliminate EU tariffs on 94 per cent of Canada’s agri-food products, and could drive additional exports of up to $1.5 billion, including $600 million in beef, $400 million in pork, $100 million in grains and oilseeds, $100 million in sugar-containing products and a further $300 million in processed foods, fruits and vegetables.
“We are encouraged that Canada is actively seeking out free trade agreements like CETA – as a trading nation, we must continue to have free and fair access to global markets,” Innes said. “CETA provides the opportunity to be... (read more)