|By Marketwired .||
|July 31, 2014 01:22 PM EDT||
DENVER, COLORADO -- (Marketwired) -- 07/31/14 -- Agriculture and Agri-Food Canada
Agriculture Minister Gerry Ritz today addressed the U.S.'s National Cattlemen's Beef Association (NCBA) summer conference where he stressed the importance of ending the discrimination against Canadian cattle and hogs under mandatory Country of Origin Labelling (COOL) and emphasized the growing recognition that COOL is harming farmers and industry in the U.S. and Canada alike. Minister Ritz stressed that should Canada prevail in the compliance proceedings as anticipated, the Government will seek authorization from the World Trade Organization (WTO) to impose retaliatory tariffs on U.S. imports.
While in Denver, Minister Ritz took the opportunity to meet with key U.S. meat stakeholders, business and government leaders to discuss next steps for advocating against COOL in the coming months. Later today, Minister Ritz will also participate in a trilateral industry meeting between the NCBA, the Canadian Cattlemen's Association and the Mexican Confederacion Nacional de Organizaciones Ganaderas.
COOL continues to significantly disrupt the North American supply chain, creating unpredictability in the market and imposed additional costs on producers on both sides of the border.
Following Canada's successful challenges of COOL at the WTO in 2011 and 2012, a WTO compliance panel was established on September 25, 2013, to determine whether the U.S. has brought COOL into conformity.
-- Canada and the United States enjoy a strong trading partnership in agriculture. In 2013, $45.6 billion dollars in agriculture was traded bilaterally between our nations, $3.3 billion of which was cattle and beef. -- The integrated nature of the North American supply chain supports jobs across the continent. Eight million American jobs depend on trade with Canada, including the U.S. meat processing industry. -- COOL is costing industry on both sides of the border billions of dollars each year due to inefficiencies, price discounts, lost sales and added costs.
"With the full support and active engagement of Canadian and U.S. industry, our government will continue to fight against this protectionist policy which is hurting producers and consumers alike. We will continue to use whatever tools necessary to achieve a fair resolution of this issue so that our livestock sectors on both sides of the border can realize their true economic potential."
- Agriculture Minister Gerry Ritz
Director of Communications
Office of the Honourable Gerry Ritz
Agriculture and Agri-Food Canada
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