Cereals Canada applauds conclusion of the Canada-United Kingdom Trade Continuity Agreement

DANIEL RAMAGE, Director of Market Analysis and Trade Policy Cereals Canada

Cereals Canada applauds the completion of negotiations for the Canada-United Kingdom Trade Continuity Agreement, announced today by Minister Ng, Minister of Small Business, Export Promotion and International Trade, on November 21st. “The Canada-UK Trade Continuity Agreement provides important clarity on the Canada-UK trade relationship in the post-Brexit environment. This is a positive outcome for Canadian wheat farmers and exporters, especially those operating in a highly integrated supply chain with important UK millers and food processors,” said Dean Dias, Chief Executive Officer of Cereals Canada. “The UK is a valuable and consistent market for Canadian wheat farmers and exporters. Canada’s cereals industry has longstanding connections with UK partners and we look forward to the continued stability of export opportunities for both high- and medium-protein wheats in the post-Brexit environment,” stated Mr. Dias. “Now that negotiations are completed, we are calling on the Canadian Parliament to ratify the transitional agreement before the end of the year. Given the interim nature of this agreement, we urge Canada and the UK to continue discussions towards a permanent trade agreement, to support continued growth and stability over the long-term,” concluded Mr. Dias.

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