EU to continue zero tariff on U.S. non-hormone-treated beef
August 01, 2013 | 05:57 PM
The European Union will continue to allow significant quantities of U.S. beef produced from non-hormone-treated beef to enter the union for another two years, Trade Representative Michael Froman and Agriculture Secretary Tom Vilsack said today.
The United States and the European Union are planning to extend for two years Phase 2 of the Memorandum of Understanding (MOU) signed in 2009 to resolve the World Trade Organization case against that the United States won against the European Union over the EU ban on beef from cattle treated with certain growth-promoting hormones.
In the year since Phase 2 began, U.S. beef shipments under the quota were an estimated $200 million, up 300 percent from the value of exports in the year before the MOU entered into force, USDA and USTR said in a joint release.
Under the extension, the EU would maintain until August 2, 2015 its duty-free tariff rate quota for high-quality beef, established pursuant to the MOU, at 45,000 metric tons per year.
The United States and the European Union are planning to extend for two years Phase 2 of the Memorandum of Understanding (MOU) signed in 2009 to resolve the World Trade Organization case against that the United States won against the European Union over the EU ban on beef from cattle treated with certain growth-promoting hormones.
In the year since Phase 2 began, U.S. beef shipments under the quota were an estimated $200 million, up 300 percent from the value of exports in the year before the MOU entered into force, USDA and USTR said in a joint release.
Under the extension, the EU would maintain until August 2, 2015 its duty-free tariff rate quota for high-quality beef, established pursuant to the MOU, at 45,000 metric tons per year.
