USTR Details Benefits of U.S.-Mexico-Canada Trade Agreement for U.S. AgricultureTuesday, October 9, 2018
(North American Meat Institute)
The Office of the U.S. Trade Representative (USTR) issued a fact sheet detailing the benefits of the new United States-Mexico-Canada Agreement (USMCA) for U.S. agriculture. According to USTR, Canada will provide new access for U.S. chicken and increase its access for U.S. turkey exports. Meanwhile, tariffs on agricultural products traded between the U.S. and Mexico will remain at zero.
USMCA also includes provisions to enhance information exchange and cooperation on agricultural biotechnology trade-related matters and secures commitments to reduce trade distorting policies, improve transparency and ensure non-discriminatory treatment for agricultural product standards, according to the fact sheet. Additionally, the U.S., Mexico and Canada agreed to strengthen disciplines for science-based sanitary and phytosanitary measures, whereas the U.S. and Mexico approved geographical indication (GI) standards that enhance transparency for opposition and cancellation proceedings for GIs and establish a mechanism to consult on GIs pursuant to international agreements, the fact sheet notes.share on facebook share on twitter