Canada & Taiwan Ink Expanded Trade Arrangement for Beef

Photo courtesy of Canada Beef Inc

Taiwan and Canada have signed an arrangement to expand market access to include Canadian bone-in beef and other specified beef products from animals under 30 months of age (UTM), according to an Agriculture and Agri-Food Canada press release. The arrangement will level the playing field for Canadian beef producers and generate export opportunities to the lucrative Taiwanese market. The arrangement should be in finalized by early March.

“Our government welcomes Taiwan’s science-based decision to expand market access for Canadian beef. Advancing agricultural trade in growing Asian markets like Taiwan is just one way our government is helping our agriculture exporters boost their competitiveness around the world,” says Gerry Ritz, federal ag minister.

This arrangement will help Canadian beef exporters expand their sales into this market. Canada currently ships boneless UTM frozen, fresh and chilled beef to Taiwan. In 2012, Canadian total exports of these beef products were valued at $1.4 million, ranking Taiwan as Canada’s 18th largest beef export market. In 2002, the year prior to the BSE ban, Canadian beef exports to Taiwan were valued at $19.8 million, ranking Taiwan as Canada’s 5th largest export market for beef.

 

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