# Canola industry urges CPTPP signing as the best opportunity to grow Asia-Pacific canola exports

> The Canola Council of Canada urged Ottawa to sign the CPTPP trade deal, which would eliminate canola oil and meal tariffs in Japan and Vietnam over five years. The council estimates up to C$780 million per year in added oil and meal exports, and says Australia already has preferential access to Japan.

- Date: 2018-01-19 · published 2018-01-19T12:00:00.000Z
- Category: policy · region Canada · magnitude low
- Page: https://feedsoft.ai/events/66956-canola-industry-urges-cptpp-signing-as-the-best-opportunity-to-grow-asia
- Commodities: [Canola Meal](https://feedsoft.ai/c/CANMEAL.md)

## Why it matters

Tariff removal would expand Canadian canola oil and meal export access, supporting demand for canola products. The deal is still pending, so the price effect is prospective.

## Read by commodity

- CANMEAL: bullish ▲

## Sources

- canolacouncil.org: https://www.canolacouncil.org/news/canola-industry-urges-cptpp-signing-as-the-best-opportunity-to-grow-asia-pacific-canola-exports/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.