Canada should work at reducing Asia-Pacific barriers to its soybean exports | National Newswatch

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Ottawa—Canada could be exporting a lot more soybeans to Asian countries if the federal government would address overseas tariffs and other barriers to shipments of them, says Brian Innes, Executive Director of Soy Canada.

To accomplish that, Canada needs to eliminate foreign tariffs and establish ongoing regulatory collaboration on plant, animal and environmental health issues as part of a free trade agreement with countries such as Indonesia. “Under its current commitments, Indonesia could raise tariffs on soybeans to 27 per cent.”

Canada should also been pushing for access to India for food grade soybeans. That would a real growth opportunity if Canadian shipments did not face 45 per cent tariffs that are “very unpredictable and could be raised to 100 per cent at a moment’s notice.” At the same time, Canada is a significant importer of organic Indian soybeans that come in without a tariff.

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