In this file:
· CCA Statement: Canada signs Canada, U.S. and Mexico Agreement
· NCBA Welcomes USMCA Signing, Will Work with Congress to Secure Passage
CCA Statement: Canada signs Canada, U.S. and Mexico Agreement
Source: Canadian Cattlemen’s Association (CCA)
November 30, 2018
Calgary, AB – The Canadian Cattlemen’s Association (CCA) congratulates the Government of Canada for signing the Canada, United States and Mexico Agreement (CUSMA) today in a ceremony on the sidelines of the G-20 Summit in Buenos Aires, Argentina. Once ratified, the CUSMA will update, modernize and replace the North American Free Trade Agreement (NAFTA). Originally agreed to September 30, the timing of the ‘NAFTA 2.0’ trade pact was of particular importance to cattle producers who were entering the time of year when the majority of beef calves in Canada are marketed. The CUSMA preserves and secures the duty-free access upon which the Canadian beef cattle sector has been built over the past 25 years, certainty that helped cattle buyers feel confident about the long-term stability of the market.
Today’s signing commits each country to commence its domestic ratification process before the Agreement can come into force. The CUSMA will come into force the 1st day of the third month of all countries completing their respective ratification process. Mid-March would be the earliest that the U.S. Congress could approve the Agreement. In Canada, the signed treaty must be tabled in the House of Commons for 21 sitting days before an implementation bill may be introduced. Canada’s rebranding the signed Agreement CUSMA follows the normal treaty practice of placing Canada first in a formal trade pact.
In addition to preserving duty-free trade in live cattle and beef, producers are pleased that the existing rules of origin and the most important dispute settlement provisions remain intact; there is nothing in the agreement on country of origin labelling for meat or livestock. There is ongoing interest to address regulatory matters affecting cattle and beef trade and to continuously improve the competitiveness of the North American beef sector.
For further information, contact:
Canadian Cattlemen’s Association
403-875-3616 | email@example.com
NCBA Welcomes USMCA Signing, Will Work with Congress to Secure Passage
Source: National Cattlemen's Beef Association (NCBA)
Nov 30, 2018
WASHINGTON (November 30, 2018) - Today President Kevin Kester issued the following statement in response to the signing of the U.S.-Mexico-Canada Agreement (USMCA):
“With the signing of the U.S.-Mexico-Canada Agreement (USMCA), U.S. beef producers are one step closer to knowing that unrestricted, science-based trade will continue in North America. The agreement brings the trading relationship with our neighbors into the 21st century – and clearly rejects the failed beef and cattle trade policies of the past. Open markets have helped U.S. producers flourish and created billion dollar markets for U.S. beef. We look forward to working with Congress to get USMCA passed into law as quickly as possible.”
Today the leaders of the United States, Mexico, and Canada signed the USMCA on the sidelines of the G-20 meeting in Argentina. The USMCA maintains unrestricted, duty-free trade for beef and cattle in North America. It also maintains science-based trade standards.
All three countries must complete their own domestic processes before the USMCA comes into force. In the U.S., Congress will need to pass legislation to implement the deal. The U.S. International Trade Commission is currently conducting an investigation into the likely impacts of USMCA. Texas rancher and NCBA member Kelley Sullivan participated in the public hearing to explain how the agreement will benefit U.S. producers.