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AmextaFinance > Investing > Vietnam Lifts Restriction on Imports of Canadian Cereals
Investing

Vietnam Lifts Restriction on Imports of Canadian Cereals

News Room
Last updated: 2023/08/26 at 9:48 PM
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By Mary de Wet

Vietnam has removed a restriction on Canadian cereal grains, allowing shipments for the first time since 2018.

The change will take effect on Sept. 29, industry association Cereals Canada said Friday.

The Southeast Asian nation had restricted the shipments due to concerns about creeping thistle, a weed that can be found in countries across the Northern Hemisphere, including Canada.

“With creeping thistle on the quarantine pest list, Canadian grain cargoes faced the risk of commercial penalty,” Cereals Canada Chief Executive Dean Dias said.

Canada looks forward to the resumption of regular cereals trade with Vietnam now that the non-tariff trade barrier has been removed, Dias said.

Before the restriction, Canada had shipped more than 200,000 metric tons of wheat to Vietnam annually. In 2021, Canadian wheat exports to Vietnam totaled just over 20,000 tons, Cereals Canada said.


Write to Mary de Wet at [email protected]

Read the full article here

News Room August 26, 2023 August 26, 2023
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