CETA To Spur Investment in Pulses
OTTAWA - Nov 1/16 - SNS -- The free trade agreement between Canada and the European Union or CETA will have little immediate impact on the pulse industry, but should spur additional investment in fractionation plants in western Canada.
The European Union is already one of Canada's most important markets for pulses. In testimony before Canada's Agriculture and Agri-Food Committee, Gord Kurbis, Pulse Canada's Director of Market Access and Trade Policy, noted, "Canada exports more than 180,000 metric tons (MT) of peas and lentils to the EU each year, as well as 38% of dry bean exports, 32% of Canadian canary seed exports, and 31% of Canadian mustard seed exports.
"CETA represents two key opportunities for the Canadian pulse and special crops industry: market growth in processed products, and regulatory harmonization. While Canadian whole and split pulses and special crops are well established in the EU, and already had duty-free access, exports of further processed products have been restricted by tariffs.
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