Farmers Guradian
Topics
Nine ways to keep your farm vehicles safe

Nine ways to keep your farm vehicles safe

Arable Farming Magazine

Arable Farming Magazine

Dairy Farmer Magazine

Dairy Farmer Magazine

CropTec

LAMMA 2018

New to Farmers Guardian?
Register Now
Login or Register
New to Farmers Guardian?
Register Now
New to Farmers Guardian?
Register Now

You are viewing your 1 free article

Register now to receive 2 free articles every 7 days
Already a Member?

Login | Join us now

United States slaps down British agricultural trade plans

Seven major agricultural exporters, including the United States and New Zealand, have rejected a UK-EU deal on post-Brexit agricultural trade.



Twitter Facebook
Twitter Facebook
Share This

United States slaps down British agricultural trade plans

British and European negotiators had been working on an agreement to split tariff rate quotas (TRQs), which allow certain amounts of agricultural produce to enter the EU from countries outside the bloc, since July.

 

It was recently announced they had hashed out a deal based on historical import volumes, but they have been dealt a blow by Argentina, Brazil, Canada, Uruguay and Thailand, who co-signed a stinging letter with the US and New Zealand objecting to the agreement.

 

UK farmers could be seriously affected by any change to TRQs if Britain’s share of the quotas allows too much to be imported, especially if they cannot export as much to the EU.

 

The letter from the six objectors read: “We are aware of media reports suggesting the possibility of a bilateral agreement between the United Kingdom and the European Union 27 countries about splitting TRQs based on historical averages.

 

Honour

 

“We would like to record that such an outcome would not be consistent with the principle of leaving other WTO members no worse off, nor fully honour the existing TRQ access commitments.

 

“Thus, we cannot accept such an agreement.

 

“We expect the UK and the EU will act to ensure countries entitled to those access rights will be left no worse off than they are at present, in terms of both the quantity and quality of access.”

 

The countries complaining about the deal claim they will be left ‘worse off’ because a separate UK quota would mean exporters could not compensate for low British demand by selling to another EU country, as they can at present.

 

To mitigate this, it is expected they will demand higher quotas, allowing them to sell more to the UK with no tariff.


Read More

Agricultural trade to be discussed alongside Brexit ‘divorce bill’ Agricultural trade to be discussed alongside Brexit ‘divorce bill’
Department for International Trade considers dropping all food tariffs Department for International Trade considers dropping all food tariffs
Trump promises UK trade deal Trump promises UK trade deal
TRUMP: An in-depth look at what his victory means for global farming TRUMP: An in-depth look at what his victory means for global farming
Trump’s chosen ag trade chief pushed for lift of EU growth hormone ban Trump’s chosen ag trade chief pushed for lift of EU growth hormone ban

Twitter Facebook
Post a Comment
To see comments and join in the conversation please log in.
Facebook
Twitter
RSS
Facebook
Twitter
RSS