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CHINA REINSTATES ACCESS TO IMPORT CANOLA FROM CANADA
May 19, 2022
Source: Canola Council of Canada news release
Today, Canada was advised that China has reinstated access for Richardson and Viterra to export canola seed to China. For more information, please read the Global Affairs Canada statement.
"This is a positive step forward, restoring full trade in canola with China and ensuring that all Canadian exporters are treated equally by the Chinese administration," says Jim Everson, Canola Council of Canada (CCC) president.
"We will continue efforts to nurture and maintain a predictable, rules-based trade environment. We thank Agriculture and Agri-Food Minister Marie-Claude Bibeau, International Trade Minister Mary Ng and Canada's trade officials for their support in bringing about today's announcement."
Market access restrictions for canola seed to China were first implemented on March 6, 2019. Seed exports to China have fallen from $2.8 billion in 2018 before the restrictions, to $800 million in 2019, $1.4 billion in 2020 and $1.8 billion in 2021. For more information, visit canolacouncil.org/china-update/
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