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EU and U.S. Reach Agreement on Hormone-Free Beef Imports.

Tuesday, June 18, 2019

(North American Meat Institute)

The European Commission announced last week that negotiators had reached a deal with the U.S. to allow more hormone-free beef imports into the EU. The deal will guarantee the U.S. a greater share of the 45,000-ton quota that restricts hormone-free beef imports into the EU. The quota was agreed upon in 2009 to settle a dispute between the two countries over an EU ban on the use of growth hormones in U.S. beef. U.S. farmers will gain an initial 18,500 tons of the quota, rising to 35,000 tons after seven years. The remaining amount will be left available for all other exporters, including Australia, Uruguay and Argentina - countries that have steadily increased their exports, which previously pushed down on the U.S.'s share of the quota. "With the successful outcome of the negotiations, the Commission has delivered on a very important issue with a major trade partner with which we are engaged in broader trade talks," EU Commissioner for Agriculture Phil Hogan said.

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