✂ Fed’s first rate cut since 2020: Use our free Stock Screener to find new opportunities fastExplore for FREE

UPDATE 1-U.S., Russia keep talking in Paris on meat ban

Published 05/28/2009, 12:11 PM
Updated 05/28/2009, 12:16 PM

(Adds details, background)

PARIS, May 28 (Reuters) - Talks between U.S. and Russian officials on health-related bans Moscow has put on some imports of U.S. meat, are continuing and heading in the right direction, the chief of the regional U.S. meat exporters' group said.

"We are optimistic that it could come to a positive, if not conclusion, at least development," John Brook, regional director of the U.S. Meat Export Federation for Europe, Russia and the Middle East told Reuters on Thursday.

He declined to give details of what a deal could look like, adding that the negotiations, taking place on the sidelines of the World animal health organisation OIE's general assembly in Paris, could last until late Thursday afternoon.

The closed-door meeting gathered U.S. and Russian veterinary and food safety officials with meat industry representatives and was aimed at convincing Moscow to lift or curb bans on U.S. meat.

Like several other countries Russia has halted all meat imports from several U.S. states on concerns related to the H1N1 flu virus, commonly known as swine flu, even though world health officials have stressed the virus is not spread by pork.

As well as the recent round of bans, Moscow has in recent years limited meat imports from several U.S. plants on the basis they do not conform to Russian safety standards.

The U.S. Trade Representative insisted on Wednesday that Russia lift its restrictions on imports of U.S. meat immediately, saying they are not justified by scientific evidence. [ID:nN27208371]

Russia is the largest export market for the $55 billion U.S. poultry industry and a major importer of pork and beef.

However, Sergei Dankvert, head of Russia's farm produce watchdog Rosselkhoznadzor, told Reuters on Tuesday that it would not yield to U.S. pressure to lift bans, which he said were based on real safety concerns [ID:nLQ374264].

Sergei Dankvert also said the bans were not linked to Russia's plans to boost domestic meat production.

Moscow said earlier this month it wanted to be self-sufficient in poultry meat and pork in two years. [ID:nL3165254]. (Editing by Anthony Barker)

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.