Forest industry welcomes trade deal with Europe

OTTAWA, Oct. 18, 2013 /CNW/ - The Forest Products Association of Canada (FPAC) today expressed its support for the agreement in principle for a Comprehensive Economic and Trade Agreement (CETA) between Canada and the European Union.  One of its measures will result in the elimination of quotas and tariffs of up to 10% on imports of wood based panels.

"We welcome this trade deal and appreciate the government's strong push in the area of freer trade," said the President and CEO of FPAC, David Lindsay. "The prosperity of the forest products industry relies on strong exports."

Last year the Canadian forest sector exported more than $1 billion of wood, pulp and paper products to the EU member states.  This is 4% of total exports of Canadian forest products making Europe the 3rd largest international market for the sector. The largest importers of Canadian forest products in Europe are the United Kingdom followed by Italy, Germany, the Netherlands and France.

"The forest products industry is aiming to increase its revenues by $20 billion through new markets and new innovations as part of our Vision2020 initiative," says Lindsay. "The sector is working hard to diversify its markets beyond the United States and we encourage the government to continue advocating for increased trade in regions such as Europe and Asia. These areas provide good market opportunities for our industry's traditional and future products."

FPAC also urges speedy ratification by governments and prompt implementation of this landmark deal.

FPAC provides a voice for Canada's wood, pulp, and paper producers nationally and internationally in government, trade, and environmental affairs. The $57-billion-a-year forest products industry represents 2% of Canada's GDP and is one of Canada's largest employers operating in hundreds of communities and providing 230,000 direct jobs across the country.

SOURCE: FOREST PRODUCTS ASSOCIATION OF CANADA

For further information:

Susan Murray
Executive Director, Public Relations
Forest Products Association of Canada
smurray@fpac.ca 613-563-1441 x313
Follow us on Twitter: @FPAC_APFC
Read our President's Blog at: http://www.fpac.ca/index.php/en/blog

Profil de l'entreprise

FOREST PRODUCTS ASSOCIATION OF CANADA

Renseignements sur cet organisme


FORFAITS PERSONNALISÉS

Jetez un coup d’œil sur nos forfaits personnalisés ou créez le vôtre selon vos besoins de communication particuliers.

Commencez dès aujourd'hui .

ADHÉSION À CNW

Remplissez un formulaire d'adhésion à CNW ou communiquez avec nous au 1-877-269-7890.

RENSEIGNEZ-VOUS SUR LES SERVICES DE CNW

Demandez plus d'informations sur les produits et services de CNW ou communiquez avec nous au 1‑877-269-7890.