Gerry Ritz to Address Media on WTO Meat Labeling Victory
Published By : 19 May 2015 | Published By : QYRESEARCH
The lawmakers at Ottawa may swiftly move to enforce disciplinary measures against the U.S. after winning a controversial trade dispute at the World Trade Organization (WTO) over the U.S. meat labeling laws, which Canada states have cost the meat industry as much as US$1 billion in lost sales every year.
Mr. Gerry Ritz, Agriculture Minister of the States and Mr. Ed Fast, Trade Minister of the States, will address the media at 10 a.m. on Tuesday, May 19, 2015 in the reaction to the WTO ruling passed on Monday, May 18, 2015, which identified that one of the U.S. law implemented in the year 2008 asking for country-of-origin labeling on meat products was biased and protectionist.
Under the WTO rules, Mexico and Canada - other countries that had opposed the measures - are permitted to move quickly to enforce punishments, which could take the form of several retaliatory tariffs on the U.S. food products such as wine, cereal, chocolate, and frozen orange juice. It is believed that Ottawa is getting ready to do just that, even as some of the lawmakers in the U.S. are already proposing the legislation to scrap out the requirements and evade a costly trade war.
The statement from the 2 ministries stated on Monday that in the light of the final ruling, and owing to the fact that the United States has maintained to discriminate against the Canadian livestock products, Canada will be looking for authority from the WTO to utilize retaliatory measures on the U.S. agricultural and non-agricultural products. The measure was charged for a radical decline in the meat exports from all other North American economies.