Search ForexCrunch

Reuters cites key headlines from a Canadian Food Inspection Agency  (CFIA) document sent to industry on Thursday, stating that the European Union (EU) will halt imports of Canadian cherries and other fresh fruits starting Sept. 1 as it enforces new import requirements related to pests.

Further Details:

The restrictions also apply to families of fruits that include apples, pears, cranberries, blueberries, peppers, potatoes and tomatoes. It was not clear if other countries are affected.

 The notice read: “Please note that the CFIA is working with industry to propose pest risk mitigation measures to the EU for these commodities, which may allow exports to resume.”

This piece of news seems to nothing to do with any Canadian-EU trade dispute but its more on the quality compliance issue. Hence, the headlines are unlikely to have any market impact.