Canadian companies have been unable to resolve a Chinese halt of imports of canola seeds from Canada amid a diplomatic spat between the two countries, an industry body said.
“We’re disappointed that differing viewpoints cannot be resolved quickly,” said Jim Everson, president of the Canola Council of Canada (CCC). “Under the circumstances, Canadian canola seed exporters who normally ship to China have no alternative but to supply customers in other countries”.
Exporters reported that Chinese importers are unwilling to purchase Canadian canola seed at this time, the CCC said, adding that “technical discussions to date have not indicated an immediate resolution is possible”. Canadian Canola seed exports to China were worth $2.7bn in 2018.
Richardson International, Canada’s largest canola exporter to China, lost its permit to deliver the seed to China, according to a March 1 document from China’s customs administration.
The revocation came as Beijing ratchets up pressure on Ottawa to release Meng Wanzhou, the finance chief of Chinese telecoms company Huawei, who is fighting extradition on US fraud charges following her arrest in Canada in December