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ANFACO-CECOPESCA closely follow the negotiations of the trade agreement between the EU and US

In the view of the fishing companies TTIP should boost the export potential of companies in the processing and canning industry of fishery products and aquaculture Spanish and community to the US market

By Redacción

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Imagen: ANFACO CECOPESCA

September 1, 2015

ANFACO – CECOPESCA closely follows the development of the negotiations currently being carried out by the European Union and the United States for holding a Transatlantic Trade and Investment Agreement, by the implications of its outcome could have on the industry Industrial transformer fishery products and aquaculture, as to the commercial opportunities that the US market accounts for it.

Companies in the processing and canning industry of seafood have a long history in their trade relations with the US, traditionally one of its key target markets.

As for the export of some products, such as canned tuna in oil, the main barrier to access to the US market is the highest now existing entry fee, which comes to 35%, compared with substantially lower tariff that has EU imports of this product is 24%.

That is why, in the opinion of ANFACO-CECOPESCA the future agreement with the US You should boost the export potential of companies in the processing and canning industry of fishery products and aquaculture Spanish and community to the US market in a balanced manner and under a condition of reciprocity. The incorporation into the Agreement of solid preferential rules of origin, based on the wholly obtained criterion and strengthen bilateral cumulation achieving a balanced agreement for both parties.

This should come reinforcer for a simplification of administrative procedures and the elimination of non-tariff trade barriers in order to promote the export of our US businesses, preserving the high standards of food safety and consumer protection and Current EU legislation ensures the best guarantee to export to the US market

Finally, the agreement must also ensure the so-called “level playing field” in terms of social, economic and environmental conditions, a principle which governs the market competition between Community products and products from third countries to ensure that competition it develops fairly and in the same conditions.

On Transatlantic Partnership Agreement on Trade and Investment

The Transatlantic Partnership on Trade and Investment, known by its acronym in English TTIP is an agreement being negotiated between the EU and US The official launch of these negotiations took place in June 2013. To date already held ten rounds of negotiations, the eleventh being planned in the last quarter of 2015.

Source: ANFACO CECOPESCA

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