April 2021
« Dec   Sep »

April 9, 2021

Eu Beef Agreement

Filed under: Uncategorized — Mark Baker @ 6:13 am

The prospect of a free trade agreement, which must also be concluded and ratified with the powerful South American mercosur countries, has also been the subject of much discussion in the beef market. “This is still a fairly raw and fresh subject and, in addition to the BREXIT outlook, there are concerns within the EU about the impact on beef and sheep producers in the region,” he said. Asked about the risk of beef/sheep being a negotiating partner in the negotiation process with the EU in Australia, McDonald reaffirmed the industry`s position that beef is a “mandatory and non-negotiable” element of an agreement. President Donald Trump has just announced a new agreement under which the EU will accept a large number of beef exports to the United States, a measure that will certainly increase profits for American farmers and related industries. The EU will receive 45,000 tonnes of hormone-free beef each year from abroad, and the US will be allowed to reach 35,000 tonnes of this quota after seven years, or about 80% of the total. SENATOR HOEVEN: Well, thank you, Mr. President. That is what our farmers and farmers, our producers, are looking for in this great country. It`s the agreements that really make the difference. And that`s what it`s all about. It is about market access. We produce the highest quality beef in the world. They have big hats, but they have big cattle.

You`re doing a good job. Our ranchers in this country are the best in the world. So if we have access to the markets, they can really go into town and really outbid anyone, anywhere. And the agreement we signed today shows us that as partners we can solve problems. And as partners, in the spirit of this partnership, we can also, in the spirit of this partnership, try to build a world based on strong, open values and strong and open rules. Under the current agreement, U.S. duty-free exports to the EU amount to only about 13,000 tonnes per year, or about $150 million, and are likely to be reduced in the future. At a ceremony at the White House, the EU`s ambassador to the European Union, Stavros Lambrinidis, welcomed the agreement.

“It is a great honour for the European Union to be here,” he said. Let me stress that the negotiations on this agreement that we are conducting are a good spirit and an excellent example of how the multilateral trading system can work to resolve trade disputes. Once the texts are definitively and legally revised, they will have to be translated into all the official languages of the EU and Mercosur. [39] The texts are then submitted by the European Commission for approval by the Council of Ministers of the European Union. Unanimity is required within the Council. If the Council is adopted, it will sign the agreement and pass it on to the Mercosur countries and the European Parliament. An EU Association Agreement must also be approved by national parliaments of all EU member states. Ratification of the agreement by the national parliaments of mercosur countries is also necessary. [40] Together, it is a process that, in itself, can take many years. [2] However, in the EU, the trade part of the agreement (and certain elements of the preamble, institutional and final provisions) can be provisionally implemented as soon as Mercosur ratifies and the European Parliament approves. The European Commission may also decide to present the trade pillar as a separate trade agreement.

If the Mercosur countries and the Council agree, the separate trade agreement must not be approved by the parliaments of the EU Member States (since trade falls under the exclusive competence of the EU), the approval of the European Parliament is sufficient. [39] What remains of the Association Agreement still needs to be approved by all national parliaments and cannot be implemented provisionally. [41] The scope of the agreement is very broad. [9] In addition to tariffs, it includes rules of origin, trade aid, health and plant health measures (SPS), technical barriers to trade (OTC), services and

• • •

No Comments

No comments yet.

Comments RSSTrackBack URI

Sorry, the comment form is closed at this time.

Powered by: WordPress • Template by: Priss