Friday, May 20, 2022

CHINA ENDS BAN ON CANADIAN CANOLA

 China ended a three-year ban on Canadian canola, suggesting extreme shortages for cooking oils are forcing Xi Jinping’s government to reconsider some of its geopolitical grudges.

Trade Minister Mary Ng and Agriculture Minister Marie-Claude Bibeau issued a short statement around 5 p.m. Ottawa time on May 18 that said two major players in Canada’s canola industry had been given permission to resume exporting to the world’s second-biggest economy.

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