China has proposed to postpone the introduction of strict quality standards for canola imports from Canada. Thus, there is a grace period for Canadian farmers because the months of negotiations over the tightening of contract specifications threatened to fail.
Canada's Prime Minister, Justin Trudeau and China's premier Li Keqiang to agreed just a day before the new standards should come into force, to maintain the previous delivery so long, until a sustainable solution to the problem was negotiated.
China is the biggest buyer for edible oils from canola seed, which is known as canola in Canada in the world. The Government in Ottawa knows that the producers the punitive terms of delivery from China would cost much money and the cost of the exports drive. Therefore, the Canadian Trade Minister, Chrystina Freeland has a strict stance against the new quality requirements.
China, however, calls to tighten import regulations to prevent the importation and spread of blackleg in China's rape seeds. China itself is a large producer of the oilseed, but has no intention of the door for imports to close. Li but says that the farmers were worried, that diseases in the country are introduced. Chinese consumers have a problem with that. One must agree but somehow.
Union representatives are concerned that a reduction in the quantities for tolerance from 2.5% to 1% for exporters would significantly increase the cost of processing at. Currently a team of experts from Canada under the direction of the Trade Minister Freeland in Beijing meets with industry representatives from China, to develop a sustainable solution to the problem of canola in the coming days or weeks.
China is interested in a free trade agreement with Canada, similar to how it was completed with Australia and New Zealand. From the point of view of Canada was a conclusion but still in the distance.
