Canada reaches deal on the Trans-Pacific Partnership
After two days of negotiations in Tokyo, CPTPP countries have concluded talks in agreement of the deal. The Partnership will officially be signed by participating countries in Chile in early March.
As a signatory, Canada is participating in what CMC President Chris White calls “a generational economic opportunity.” White was in Japan as part of an industry delegation in support of CPTPP when the news broke.
The Canadian meat sector has been a strong supporter of trade deals such as CPTPP. The Canadian Meat Council says that this deal has the potential to increase beef and pork sales by at least $500 million, creating the potential to support an additional 5,800 jobs here in Canada.
“I can say with confidence that our industry is ready to get to work.” Chris White added. “This gives Canada preferential access to other suppliers allowing our members to remain competitive in the Pacific market for sales of beef and pork.”
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