This week Canadian International Trade Minister Ed Fast and our Canadian negotiation team will meet with their 11 Pacific country counterparts to try and bridge the remaining gaps in order to conclude the Trans-Pacific Partnership (TPP) agreement that encompasses over 40 per cent of the world’s economy.
“For the barley industry and our members, the TPP is a big deal and one that we need,” says Barley Council of Canada (BCC) executive director Phil de Kemp. “Over 50 per cent of our exports of barley and value–added products currently are marketed into TPP countries, so any deal that does not include Canada will be devastating for our entire barley value chain.”
For Canadian barley farmers and value-added processors, a successfully negotiated TPP has the potential to provide increased export opportunities for up to 150,000 tonnes of barley/barley products worth an estimated $80 million. More export opportunities for Canadian beef and pork would also significantly increase domestic demand for feed barley.
“Canada is an export trading nation, we’re good at it, but we need the TPP to fuel our growth potential in order to protect and enhance Canada’s future economic prosperity and security,” says de Kemp.
The BCC urges all political leaders to support a TPP deal that enables Canadian exporters the ability to continue to grow and remain competitive in the global economy.
For more information contact:
Manager, Communications & Stakeholder Relations
Barley Council of Canada