The dispute goes back to 1989 when the European Union closed the door on imports of hormone-treated beef, leading both Canada and the United States to challenge the decision at the World Trade Organization.
In a joint statement posted to the WTO website Tuesday, Canada and the EU said that the Comprehensive Economic and Trade Agreement that went into force last month was “conducive for finding a mutually agreed solution and settling the dispute.”
“European Union closed the door on imports of hormone-treated beef in 1989”
The terms of the CETA deal allows Canada to export 50,000 tonnes of hormone beef duty-free, while in Tuesday’s release Canada agreed to suspend its dispute on the hormone issue while the trade deal remains in place.