OTTAWA, Oct. 22, 2013 /CNW/ - The Malting Industry Association of Canada (MIAC) supports the agreement
in principle of the Comprehensive Economic and Trade Agreement (CETA)
which was announced Friday by Prime Minister Harper in Brussels.
The CETA eliminates tariffs on malt immediately and the phased
elimination of tariffs for barley. It will provide the ability to
consider potential niche geographic market opportunities in an open and
transparent market environment.
"Eliminating tariffs and liberalizing trade globally for malt is
critically important for our industry, so any agreement that continues
to move forward the Government of Canada's trade negotiation agenda
globally is good news," says MIAC president Phil de Kemp.
This agreement once ratified has the potential to increase domestic
barley grain usage due to the expected market opportunities for both
beef and pork into the E.U. "The potential for increased domestic
barley consumption is strongly supported by our malt industry members"
says de Kemp. "It will provide the ability for us to continue to work
closely with our barley producers to maximize their market sales of
malting barley for malt production while at the same time providing
additional growth opportunities for barley sales to the animal sector".
The CETA is a tremendous accomplishment for the Government of Canada and
the exemplary work of our negotiators is greatly appreciated. We look
forward to their continued support in securing future trade deals with
Japan, Korea, the Trans Pacific Partnership countries and potentially
Thailand, all of which will provide significant economic benefits to
all our partners in the barley industry.
Canada is the second largest exporter of malt in the world. MIAC's four
members purchase approximately one million tonnes of malting barley
annually. Malt exports account for over 65% of our production and is
shipped to our brewing customers in over 20 countries around the globe.
SOURCE: Malting Industry Association of Canada
For further information:
Media may contact:
Phil de Kemp, President
Malting Industry Association of Canada