Canada

Successful trade mission between Canada and China welcomed by CCA

Beef

Canadian Prime Minister Trudeau and Chinese Premier Li Keqiang announced an agreement to expand access for Canadian beef into China, according to the Canadian Cattlemen’s Association (CCA), which welcomed the new trade deal.

Posted on Dec 11 ,06:53

Successful trade mission between Canada and China welcomed by CCA

 

China will allow the importation of Canadian fresh-chilled beef in a pilot project, and establish the documentation to enable bone-in beef trade. Previously Canadian beef exports had been limited to frozen boneless beef, with bone-in access approved in principle last year, subject to establishing the documentation requirements. Canada and China today committed to fully implementing the 2016 agreement to expand market access for Canadian frozen bone-in beef.

As to a free trade agreement between Canada and China, the Prime Minister and Premier committed to continue exploring the potential for launching negotiations for a possible agreement.

The expanded beef access is important for Canada’s producers, said Haywood-Farmer. There is massive potential for Canadian beef in China, with a Chinese middle class several times larger than the entire Canadian population and growing. “I am happy to say that their demand for beef is also growing and Canadian ranchers are glad to have more opportunity to supply them, thanks to the expanded access announced today by Prime Minister Trudeau,” he said. “If we can someday reach a free trade agreement, our objective would be to eliminate the Chinese tariffs on Canadian beef as well.”

Even with the previous limitations and significant Chinese import tariff, annual Canadian beef exports have been growing since access was established in 2012. In 2016, $61 million of Canadian beef was exported to China, and 2017 is on track to reach $100 million in Canadian beef exports to China.

As reported by CCA

 

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