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Grain Farmers Benefit with the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP)
Western Canadian Wheat Growers are pleased that the CPTPP Agreement will be signed in Chile on March 8, 2018. “The expansion of an international trade market is in grain growers best interest,” stated Levi Wood, President.
The CPTPP will open up countries for agricultural trade that previously Canada had limited access to. Specifically this will provide new opportunities for high quality Canadian wheat.
“This is a great opportunity for grain growers and should provide the right incentive for government and the private sector to ensure that we can move our products to all international markets,” said Daryl Fransoo, Director.
In just one instance, Japan is the world’s third largest economy, and will now be open to a Canada specific wheat quota. This is a new market valued at $598.6 million annually. “The WCWG firmly believes in free and open trade and the CPTPP takes significant steps in this right direction. Canada needs to be amongst the first to sign and use the CPTPP,” closed Levi Wood.
Source : Western Canadian Wheat Growers Association