Canada ready to make concessions on dairy to secure NAFTA deal

von Satoshi Nakamoto

Canada ready to make concessions on dairy to secure NAFTA deal

Canada's Globe and Mail reports on a significant Nafta concession from Canada:


Ottawa is ready to make concessions to the Trump administration on Canada's protected dairy market in a bid to save a key NAFTA dispute-settlement system, preserve safeguards for cultural industries and avert tougher pharmaceutical patent protections, The Globe and Mail has learned.That compromise could end the year-old talks, but at a heavy cost. The federal government has committed more than $4-billion to the country's dairy farmers to buy the lobby's acquiescence on concessions in previous trade deals.And the concession may be not enough. Canada tried to offer the United States more dairy market access in May as part of a North American free-trade deal, only to be rebuffed.

Link is here for more (may be gated) 

Canada foreign minister is in Washington for talks.

Earlier:

This ain't over, but it looks like movement towards resolution. It has been dragging on and I don't expect the end will come quickly. Still, a step forward. 

CAD on the up 

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