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Canada: CPC pleased that Canada joining TPP Negotiations

The CPC sees important potential benefits from a TPP agreement, including: providing Canada the means of securing, or even enhancing, its terms of trade with existing TPP participants.

11 October 2012
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The Canadian Pork Council (CPC) is very pleased with announcement that Canada is now officially joining Trans-Pacific Partnership (TPP) trade negotiations.

The CPC sees important potential benefits from a TPP agreement, including: providing Canada the means of securing, or even enhancing, its terms of trade with existing TPP participants, such as Vietnam; and, as TPP membership expands, gaining market access to the many other Pacific region nations which have not yet applied to join the TPP.

Export access is of crucial importance to the Canadian pork industry. Canadian pork exports in 2011 exceeded 3.2 billion dollars. Live swine exports contributed another 400 million dollars to Canada’s merchandise trade account. Almost two-thirds of Canada’s pork production is exported. With constantly changing conditions of export competition – exchange rates, agricultural policy and technical barriers to name a few – Canada’s pork producers are extremely concerned that Canada not fall behind the United States and other competitors in terms of access acquired through regional trade agreements.
The CPC serves as the national voice for hog producers in Canada. A federation of nine provincial pork industry associations, our organization’s purpose is to play a leadership role in achieving and maintaining a dynamic and prosperous Canadian pork sector.

Tuesday October 9, 2012/ Canadian Pork Council/ Canada.
http://www.cpc-ccp.com

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