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June 26, 2009
Temporary peace for South Korea in Canada beef dispute
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Canada has not made any official move to take South Korea to the World Trade Organisation's dispute body over beef imports, an official said.
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The next step is for Canada to make on this matter, as it is the one who filed a petition to the WTO against South Korea's import ban on Canadian beef, said Kim Dong-hyun from the Ministry for Food, Agriculture, Forestry and Fisheries.
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But Kim said South Korea is currently preparing measures for resuming Canadian beef imports before the matter was taken to the WTO dispute body.
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This issue has to do with quarantine and food safety standards, so lifting the ban or not depends on the relevant authorities, according to Kim.
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Canada wants a specific data as to when South Korea would reopen its beef market, while Seoul wants certain restrictions, such as an age limit of 30 months on cattle products.
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Canada's Trade Vice Minister Louis Levesque and Korean Trade Minister Kim Jong-hoon met in Seoul earlier this month to discuss general trade matters, including the beef dispute.
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Canada and South Korea are pursuing a free trade agreement but the official negotiation process is under temporary suspension, due to the ongoing ban and uncertain global economic conditions, according to South Korea's Trade Ministry.
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Canada's intentions could be known by early July, as Ottawa would have to set up a dispute settlement panel about 10 days before the next WTO Dispute Settlement Body meeting on July 20.










