A number of Canadian farm groups are urging the federal government to advance the Trans Pacific Partnership (TPP) next week during meetings to be held in Vietnam.
The 11 country members are meeting in Da Nang, Vietnam for the Asia-Pacific Economic Cooperation Leaders’ Week, November 6-11.
“The canola industry is urging the federal government to advance the TPP during these discussions,” says Jim Everson, President of the Canola Council of Canada (CCC). “Implementing the TPP will increase value-added processing in Canada, maintain existing markets and ensure that Canada remains competitive to other oilseed producing countries.”
The CCC notes that while the United States has decided not to proceed with TPP negotiations, implementing an agreement with the remaining 11 countries would provide Canadian canola a competitive advantage over competing oilseed products entering TPP countries, such as U.S. soybean oil into Japan.
Source : Steinbachonline