Alberta’s barley farmers welcome signing of the Trans-Pacific Partnership
(Calgary, Alberta) Feb. 4, 2016 – On news that the Government of Canada has signed the Trans-Pacific Partnership (TPP) agreement, Alberta’s barley farmers welcome the development and urge the rapid implementation of this landmark deal.
“The TPP will have a significant impact on beef and pork exports into Japan,” said Alberta Barley chairman Mike Ammeter. “This is a big win for Alberta barley as over 80 per cent of barley goes to feed production for livestock.”
By signing this agreement, Canada has moved one step further towards the ratification of the TPP. This ensures that we are not left out of the world’s largest trading agreement, and instead will reap its many benefits.
“Alberta supplies over one-third of Canadian barley exports and we need an aggressive trade agenda to stay profitable,” added Ammeter. “The TPP is a big step towards securing our future.”
In addition to the reduction of beef and pork export tariffs; the feed barley exports into Japan will be duty-free and quota-free once the TPP goes into force.
According to the Government of Canada, the mark-ups applied to the price of food barley by Japan will also be reduced by 45 percent within eight years, and Canada will have access to a TPP-wide quota for food barley—which starts at 25,000 tonnes and grows to 65,000 tonnes within eight years.
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