Member access

4-Traders Homepage  >  News

News

Latest NewsCompaniesMarketsEconomy & ForexCommoditiesHot NewsMost Read NewsRecomm.Business LeadersVideosCalendar 

U.S. Senate Committee on Finance : Baucus Calls on Russia to Drop Unscientific Ban on American Beef, Pork Exports

02/11/2013 | 06:54pm US/Eastern

For Immediate Release
February 11, 2013

Contact:

Sean Neary/Meaghan Smith
(202) 224-4515

Baucus Calls on Russia to Drop Unscientific Ban on American Beef, Pork Exports

"I Will Continue to Stand up for American Exporters," says Finance Chairman

Washington, DC - Senate Finance Committee Chairman Max Baucus (D-Mont.) called on Russia today to end its unscientific ban on U.S. meat exports, including beef and pork.  Despite the conclusions of international food safety organizations that U.S. beef and pork are safe for consumption, Russia announced in December its intent to institute a ban, which went into effect today. 

"Ranchers in Montana and across the country are directly harmed by Russia's unscientific restrictions on our beef and pork exports," SenatorBaucus said.  "Now that Russia is a member of the WTO, it must play by the rules and base its import standards on sound science.  I will continue to stand up for American exporters and make sure we use every tool in the box to end these unscientific trade restrictions."

The ban that went into effect today blocks meat exports from the U.S. that contain traces of a widely-used ingredient called ractopamine.  CODEX, an organization that sets international standards for food safety, has concluded that ractopamine is safe for human consumption at low levels and established maximum residue limits for ractopamine. The exports blocked by Russia's new ban fully comply with those standards.  Additionally, the World Animal Health Organization (OIE) has declared U.S. beef and pork exports completely safe.

Russia joined the World Trade Organization (WTO) in August. As part of its accession to the WTO, itlowered tariffs, increased market access and committed to international import standards. In December, legislation passed by Senator Baucus went into effect establishing permanent normal trade relations with Russia, which provides the U.S. with new trade enforcement tools to resolve trade issues with Russia, such as the ban that went into effect today. 

Senator Baucus has a long track record of fighting on behalf of American beef exporters.  He immediately pressed Russia to reconsider limiting U.S. beef exports when it announced the plan last month.  And thanks to the bill he championed normalizing trade relations with Russia, the U.S. now has new tools to resolve that type of trade dispute. 

After Senator Baucus met with and pressed Japan's prime minister and economic and trade leaders to adopt science-based import measures, Japan announced it will accept more U.S. beef exports this year.  Senator Baucus urged European leaders last fall to bring their policies in line with sound science and accept more U.S. agricultural products, including beef.  He worked with the administration to secure a commitment from South Korea to accept more U.S. beef as part of the U.S.-Korea free trade agreement, which went into effect last March.  He has consistently called on China to end its restrictions on beef exports, including during a trade mission when he met with then-Vice President Xi Jinping.  And the United Arab Emirates, Taiwan and Chile all recently dropped limits on U.S. beef exports after Senator Baucus pushed them to do so.

###

distributed by
React to this article
Latest news
Date Title
07:54a CUMMINS : Results of Operations and Financial Condition, Financial Statements and Exhibits (form 8-K)
07:54a ENEA AB : Enea Renews Frame Agreement Worth 14.9 MEUR over Two Years with a Leading Global Mobile Broadband Customer
07:54a COLUMBUS GA WHITEWATER : Announces Official Opening Of 2015 Season
07:54a RESEARCH AND MARKETS : United States Borates and Peroxoborates (perborates) Market Business Report 2015
07:53a PARKER HANNIFIN : beats 3Q profit forecasts
07:53a HOSPIRA : tops Street 1Q forecasts
07:52a MEDA : Invitation to Meda's Capital Markets Day on May 12, 2015
07:52a AFFILIATED MANAGERS : AMG Reports Financial and Operating Results for the First Quarter of 2015
07:51a CYBERCOM : won frame agreement with Hansel's IT consultation in 2015–2019
07:51a AK TRANSAERO : Transaero Airlines launches regular flights on Moscow-Malta route
Latest news
Advertisement
Hot News 
ATLAS DEVELOPMENT & SUPPORT SERVICES : Interim Results
INDIGOVISION : Shares Fall As It Forecasts Interim Operating Loss
CORAC : Posting of Annual Report and Notice of AGM
CENTRALNIC : 2014 Profit Falls As Investment Offsets Revenue Rise
SOUTHERN MISSOURI BANCORP REPORTS PRELIMINARY THIRD QUARTER RESULTS, DECLARES QUARTERLY DIVIDEND OF $0.085 PER POST-SPLIT COMMON SHARE, SCHEDULES CONFERENCE CALL TO DISCUSS RESULTS FOR TUESDAY, APRIL 28, AT 3 : 30pm Central Time
Most Read News
12:16aDJShell Faces Pressure to Disclose Priorities
04/27 APPLE : China iPhone sales boosts Apple; shares up modestly
04/27 FEDERAL HOME LOAN MORTGAGE : New Business, Delinquency Tumble at Freddie
04/27DJCNOOC : Becomes Latest Chinese Oil Giant to Tap USD Bond Market for Funds
04/27DJGOOGLE : Launching Digital News Effort With European Publishers - Capital New York
Most recommended articles
07:49a Deutsche Bank's co-CEO Fitschen goes on trial over Kirch case
07:49a Factbox - HSBC must weigh up UK and Hong Kong regulatory regimes
07:46aDJMARKET SNAPSHOT : U.S. Stocks: Futures Point To Losses Ahead Of Fed Meeting
07:46aDJNational Oilwell Varco Earnings Beat on Rig Sales
07:44a Britain's recovery slows sharply in pre-election setback for government
Dynamic quotes  
ON
| OFF