Posted 27 July 2009 - 01:25 PM
I'm afraid, this is old news.
This was alluded to during the last round of elections for the European Parliament.
The closing of the Canadian seal products market to the EU will put a dent of about 30% of total sales into the seal product market, but it will not close the market down. As Canada has already said, it will appeal to the WTO, so the issue won't be a dead one for a while.
What will be interesting is, to see how this affects trade negotiations between Canada and the EU in pursuing a closer economic partnership, which has been going on for the last three or four years. Both partners in the negotiations stand to benefit hugely from the talks if they are successful.
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