Industry prepared for potential opportunities
CALGARY, Oct. 18, 2013 /CNW/ - Canada Beef is celebrating the
announcement of a Comprehensive Economic and Trade Agreement (CETA)
with the European Union (EU), which was finalized and announced October
18th, giving the Canadian beef industry broader trade access in European
The European market holds great opportunity for Canadian beef and veal,
with the potential for 64,950 tonnes of duty-free market access for
Canadian beef and veal worth over $600 million. Discussions around CETA
have been ongoing since 2009, and reported breakthroughs on meat and
dairy issues in September have allowed Canada and the EU to move
forward and finalize the agreement.
"Canada's beef and veal marketers value the significant efforts of Prime
Minister Stephen Harper, International Trade Minister Edward Fast and
Agriculture and Agri-Food Canada Minister Gerry Ritz and are grateful
for the work that's been done to gain additional trade opportunities
for our industry and open doors to optimize the value of the Canadian
beef brand globally," said Rob Meijer, President of Canada Beef.
"We also recognize the efforts of the industry's trade policy
organizations such as the Canadian Cattlemen's Association, Canadian
Meat Council and the Canadian Agri-Food Trade Alliance for their role
in promoting the needs of trade-reliant sectors during the trade
negotiation process," adds Meijer.
Since 1997, Canadian beef has been included in the Hilton quota which is
limited to high grading beef finished on high energy ration, has had a
duty rate of 20 per cent on 14,950 tonnes of beef shared with the
United States. Under CETA, the duty rate for Canada's Hilton quota
will be reduced from 20 per cent to zero. Two new duty free quotas
will make up the remaining 50,000 tonnes.
Canada also continues to have access to export an additional 45,000
tonnes of beef to the EU through the Global quota, to which Canada will
continue to have shared access with other suppliers.
Beef and veal from Canada are well known internationally for high
quality and safety, and international consumers are demanding premium
products like Canadian beef.
"Canada Beef is positioned to work with our trade partners to take
advantage of the new export opportunities in Europe. We are committed
to the Canadian beef brand and will continue to foster strong
partnerships in Europe to increase demand for our beef," added Meijer.
Additionally, Canada will gain unlimited duty free access to the EU with
live cattle, genetics, most offals, tallow and rendered products,
processed beef products and hides and skins effective immediately.
Canada Beef is the cattle producer-funded and run organization
responsible for domestic and international beef and veal market
development. It has offices in Canada, Mexico, Japan, Hong Kong,
China, and Taiwan. Canada Beef works to foster loyalty to the Canadian
beef brand and build strong relationships with trade customers and
partners. These efforts increase demand for Canadian beef and the
value producers receive for their cattle.
SOURCE: Canada Beef Inc.
For further information:
Vice President, Corporate Affairs and Operations
(403) 275-5890, ext 206