Vietnam Welcomes Canadian Livestock Across Borders

By Bizclik Editor

 

Agriculture and Trade Ministers announced Sunday that for the first time in eight years an Asian market has opened its doors to Canadian livestock, including cattle, sheep and goats.  A Vietnamese market, which is worth up to $50 million, is now available for Canadian ranchers.

"Our Government is focused on completing the economic recovery by opening new markets for Canadian goods and services," said Agriculture Minister Gerry Ritz. "The Vietnamese market is now reopened to live breeding cattle, sheep and goats and trade can resume immediately, which will benefit Canadian ranchers."

Livestock markets have been cut off since 2003 from the Mad Cow disease scare. The new agreement is a direct result from the Canadian industry’s work with the government to gain Vietnamese market access. Trade will resume immediately to Vietnam thanks to the country’s Department of Animal Health.

 

SEE RELATED STORIES FROM THE WDM CONTENT NETWORK:

Click here to read the latest issue of Business Review Canada

"Canadian farmers and their families know that international trade is fundamental to their financial security, and our government wants to help them through freer trade and by securing access to new markets,” said International Trade Minister Ed Fast. "Canada welcomes this decision by Vietnam. Closer economic ties with Southeast Asia will create jobs and opportunities for Canadians. The achievement of this milestone is one more example of the effectiveness of the ongoing partnership between the Canadian Government and Industry."

In October of 2010, The Canadian Livestock Genetics Association (CLGA) and Vietnam’s National Institute of Animal Sciences signed an agreement in respect to livestock genetics improvements for sheep and goats in Vietnam.

“We are now in an enviable position to exploit the high quality of our Canadian livestock population’s traceability, transparent genetic ability verification systems, high health standards and, importantly, the willingness of Canadian industry to provide support resources to enable the Vietnamese to take full advantage of Canada's economically tested cattle, sheep and goat performances, “said Rick McRonald, Executive Director of the Canadian Livestock Genetics Association (CLGA).

Share
Share

Featured Articles

Top 20 essential leadership resources for Black executives

To celebrate Black History Month, here are 20 resources for Black leaders – from business books to leadership coaches to business school exec programs

Broadridge study reveals huge impact of AI on C-suite

Broadridge Financial Solutions spoke to 500 C-suite executives from across the globe, many of whom said AI was significantly changing the way they work

PwC's Kathryn Kaminsky – the role of boards on social issues

As Vice Chair Trust Solutions Co-Leader at PwC, Kathryn Kaminsky says boards play an important role in helping businesses take action on social issues

Why your business needs a Chief Transformation Officer

Leadership & Strategy

12 top AI and ML trends for the enterprise in 2023 – Dataiku

Technology & AI

From NYC to Hong Kong, the rise of the private members' club

Leadership & Strategy