Soy Canada is encouraged by the momentum building towards the successful conclusion of talks surrounding the Trans-Pacific Partnership._x000D_
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Canadian ministers and several industry representatives arrived in Atlanta, Georgia, this week in an effort to reach a deal that will significantly impact the estimated $31.2 billion in annual Canadian exports to TPP countries._x000D_
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“Soy Canada supports a Trans-Pacific Partnership agreement that eliminates tariffs on soybean products and provides stable and open trade between member countries,” says Jim Everson, executive director, Soy Canada._x000D_
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The TPP provides an opportunity to eliminate tariffs on soybean products – such as soybean oil – in TPP member countries, including Japan where imported oil attracts significant tariffs._x000D_
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Since 2008, soybean production has increased 80% to over 6 million tonnes.
