Years-long ban on Canadian beef highlights uncertainty of Chinese market

China's ongoing ban on Canadian beef appears to have no end in sight, making it a textbook example of the uncertainty Canadian exporters continue to face in that market.Cattle stand in a pasture on a farm in Alberta. China has been blocking beef shipments from Canadian processing plants for almost three years, ever since an atypical case of bovine spongiform encephalopathy was found on an Alberta farm in December 2021.

But well before canola was caught in the crossfire, Canadian beef was already facing difficulties in the Chinese market. China has been blocking beef shipments from Canadian processing plants for almost three years, ever since an atypical case of bovine spongiform encephalopathy was found on an Alberta farm in December 2021.

"Canadian officials continue to regularly engage with Chinese authorities to address trade issues, press for the restoration of market access for impacted products without further delays, and encourage China to base its trade measures on international scientific guidance and science-based trade rules," Seary said.

"It's why we want to get back in there, right? Because other countries are already there taking market share." He also acknowledged that the electric vehicle and canola issues have complicated relations between the two countries, but he said he doesn't believe there is a connection between those issues and the time it is taking to make progress on the beef file.

Industry estimates peg the cost to the Canadian canola sector of that action at $1.5 billion to $2.4 billion between 2019 and 2020.In a French-language speech Monday to the Montreal Council on Foreign Relations, Canada's ambassador to China Jennifer May said this country's relations with China have improved since then, but added Canada no longer enjoys the green light of "business as usual" with China.

Switzerland Neuesten Nachrichten, Switzerland Schlagzeilen

Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.

Years-long ban on Canadian beef highlights 'uncertainty' of Chinese marketCALGARY — China's ongoing ban on Canadian beef appears to have no end in sight, making it a textbook example of the uncertainty Canadian exporters continue...
Herkunft: YahooFinanceCA - 🏆 47. / 63 Weiterlesen »

Years-long ban on Canadian beef highlights 'uncertainty' of Chinese marketCALGARY — Industry experts say China's ongoing ban on Canadian beef is a textbook example of the uncertainty Canadian exporters face in that market.
Herkunft: SooToday - 🏆 8. / 85 Weiterlesen »

Years-long ban on Canadian beef highlights 'uncertainty' of Chinese marketChina's ongoing ban on Canadian beef appears to have no end in sight, making it a textbook example of the uncertainty Canadian exporters continue to face in that market.
Herkunft: CTVCalgary - 🏆 26. / 68 Weiterlesen »

Years-long ban on Canadian beef highlights 'uncertainty' of Chinese marketIndustry experts say China’s ongoing ban on Canadian beef is a textbook example of the uncertainty Canadian exporters face in that market.
Herkunft: BNNBloomberg - 🏆 83. / 50 Weiterlesen »