Europe ended Wednesday a two-decade beef trade war with the United States and Canada by increasing imports of high-quality meat while keeping a ban on hormone-treated beef. The European Parliament voted overwhelmingly in favour of a deal to resolve the dispute, which erupted in 1988 when Europe banned imports of beef products from animals that are given growth hormones. In retaliation, the United States and Canada, with the backing of the World Trade Organization, limited imports of certain EU products ranging from chocolate to cheese and mustard in 1999. The deal will see the 27-nation European Union increase imports of hormone-free US beef by 25,000 tonnes, bringing the annual total to 45,000 tonnes, and Canadian beef imports by 3,200 tonnes. The United States and Canada have already fulfilled their end of the bargain by lifting the sanctions on European products. The parliament voted 650 in favour, 11 against to endorse the 2009 agreement.
GMT 14:02 2018 Sunday ,02 December
RDIF says $2 billion will be invested in Russian economy from joint Russian-Saudi fundGMT 12:03 2018 Friday ,30 November
Canada on track to sign new free trade deal with US and MexicoGMT 07:59 2018 Wednesday ,21 November
Merkel policies in focus in final debate on draft German budgetGMT 16:57 2018 Wednesday ,31 October
Putin to discuss relations development prospectsGMT 16:04 2018 Monday ,29 October
Russian, Cuban presidents to discuss strategic partnershipGMT 12:57 2018 Saturday ,27 October
"Undeclared war" forces Russia to boost defense spendingGMT 15:45 2018 Friday ,26 October
Medvedev to represent Russia at upcoming APEC summitGMT 14:12 2018 Thursday ,25 October
Saudi Arabia plans to invest in Russian-Chinese Fund soonMaintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Send your comments
Your comment as a visitor