Canada “deeply disappointed” by Chinese prices on canola

Canada said it was “deeply disappointed” on Tuesday of the Chinese decision to temporarily inflict customs duties on Canadian canola products, an oilseed -related oilseeds, against the backdrop of dumping.

• Read also: China inflicts temporary customs tariffs on Canadian canola

The Chinese trade ministry announced earlier Tuesday. For example, that Beijing was going to receive 75.8% customs duties on Thursday on Canadian canola imports.

The reason invoked? However, An investigation by Beijing. which concluded preliminary that Canadian imports had caused “significant damage” to national industry, according canada “deeply disappointed” chinese prices new to the ministry.

Canada is one of the main world producers of Canola. an oilseed cultivation used to produce cooking oil, animal food and biodiesel.

The canada “deeply disappointed” chinese prices new majority of its exports in this area go to only two customers:. the United States. China, two countries with which Ottawa has recently competed canada “deeply disappointed” chinese prices new in customs duties.

Canada said it was “deeply disappointed with China’s decision”.

“We do not sell the Canola at low prices. Our farmers. who work hard. provide world -class food to Canadians. our foreign trading partners, “defended the Minister of International Commerce Hoaning Sidhu and the Minister of Agriculture Heath Macdonald in a joint statement.

“We are ready to initiate a constructive dialogue with the Chinese authorities to approach our respective trade concerns,” they said.

Representatives of the sector have given a warning regarding the consequences of these canada “deeply disappointed” chinese prices new customs duties for producers. “If a solution is not found quickly. the impact will be felt quickly on our farms. ” wrote Rick White. director of the Canadian Association of Canola canada “deeply disappointed” chinese prices new producers (CCGA), in a press release.