VANCOUVER, Oct. 18, 2013 /CNW/ - "The Canada-Europe Trade Agreement will
enable our producers to fulfill their potential and expand into new
markets," says Chris Sporer, Executive Director of the Seafood
Producers Association of British Columbia, the largest organization of
wild seafood processing companies on Canada's Pacific coast.
"Current tariffs on Canadian fish and seafood products into the European
Union can make them uncompetitive. For instance, the levies on smoked
salmon, frozen tuna loins and canned tuna range from 22%-24%."
The wild seafood industry on Canada's Pacific coast is comprised of
commercial fishing and seafood processing and provides a secure, safe
and nutritious food source for Canada and the world. Each year the
industry generates approximately $800 million in annual revenues and
contributes more in terms of GDP, employment and wages & salaries than
either aquaculture or tidal recreational fishing.
"Seafood is the largest food export commodity from British Columbia, at
almost $1 billion per year, and the wild seafood industry accounts for
almost two thirds of the export value," notes Sporer.
The BC wild seafood industry exports approximately 80% of its
production. As an export industry, access to world seafood markets is
one of the key things needed for business success. International trade
agreements enable the industry to achieve this access.
The EU is the world's largest importing market, more than 2.7 times
larger than the United States and Canada's second largest trading
partner. The EU is also a large seafood market. The European Seafood
Exhibition, which is held in Brussels each year, is the largest seafood
trade show in the world.
"The industry exports products to Europe (e.g., Pacific salmon - canned
and frozen, Pacific hake). However, while there is virtually no duty
on seafood products coming into Canada, tariffs imposed by the EU range
up to 24%," notes Sporer. "A comprehensive Canada-Europe Trade
Agreement that reduces these tariffs over time will not only help
stimulate demand for our products, it will also allow Canadian
businesses to realize more money for their products."
At the same time, a Canadian EU trade agreement should also assist in
dealing with technical barriers to trade (e.g., health and safety
issues), as trade agreements generally provide a more defined and
better way to resolve disputes.
The Seafood Producers Association of British Columbia applauds the
Government of Canada's efforts to deepen and broaden our country's
trade with the EU.
The Seafood Producers Association of British Columbia is the largest
organization of seafood processing companies on Canada's Pacific
coast. Collectively its members purchase, process and market
approximately 75% of the wild salmon, 80% of the herring and 50% of the
groundfish caught by commercial fishing vessels off the BC coast. The
membership is comprised of very diverse business operations that are
involved in almost every major commercial fishery in Pacific Canada.
SOURCE: Christopher Sporer Consultants Ltd.
For further information:
Seafood Producers Association of British Columbia