Forest Products Association of Canada favours trade action against China
16 February 2015
The Forest Products Association of Canada (FPAC) is in favour of the federal government for pursuing trade action against China at the World Trade Organization (WTO) regarding duties on Canadian dissolving pulp.
“It is unfortunate that Canada has been forced to take this step but certainly the Chinese trade action was not in accordance with WTO rules on anti-dumping,” said, David Lindsay, President and CEO, FPAC.
Canada witnessed a dip of 20 percent in 2014 as a result of China’s anti-dumping duties of up to 23.7 percent on Canadian dissolving pulp. “The discriminatory duties on Canadian dissolving pulp have hurt Canadian exports and resulted in a number of investments being cancelled for new production facilities. This impacted jobs and economic opportunity,” Lindsay added.
Canada’s forest products exports to China are valued at $4.8 billion. Lindsay explained, “Certainly the forest products industry wants to maintain positive relations with China and build on our existing trading relationship. However it is essential that we all act in accordance with international trade rules and regulations.”
Source : http://www.pulpapernews.com/