A Taste of Wellness for Savoury and Snacks
Givaudan
Canada has won a long-running dispute over dairy subsidies at the World Trade Organisation. A WTO appeal body in Geneva overturned a ruling last July which had concluded Canadian exporters unfairly benefit from aid to the country's dairy producers.
"For Canadian producers and exporters, it's business as usual," said a senior government official, a Toronto Star report states.
If the original ruling had been upheld, the United States and New Zealand would have been allowed to levy more than $1 billion US in trade sanctions against Canada.
"It's very good news," Trade Minister Pierre Pettigrew said on Monday in Montreal.
Dairy producers are relieved to be rid of the uncertainty that had surrounded the WTO case, said Rick Phillips, director of policy for the Dairy Producers of Canada.