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International Trade committee That's an excellent question, but unfortunately I don't. This has been such a small market. As I said earlier, it's about $12 million, so it's very small. What's important here is the opportunity to grow that market share, and then the impacts you can have in other markets by di
October 2nd, 2014Committee meeting
Derek Butler
International Trade committee They can be competitors for some species, in particular with jordani shrimp from the west coast, but I'm not sure if they sell in South Korea.
October 2nd, 2014Committee meeting
Derek Butler
International Trade committee Any customer could say that at any point, but obviously we're in a better situation if the tariff walls come down. We're more competitive in negotiations to sell more product. I think that is incontrovertible.
October 2nd, 2014Committee meeting
Derek Butler
International Trade committee In snow crab there's some competition from Japan, some from Russia, some from Norway now, and some from the Alaskan snow crab fishery, of course. For shrimp, it would be Greenland, Iceland, some from Norway, and for the jordani it would be the Oregon fishery.
October 2nd, 2014Committee meeting
Derek Butler
International Trade committee Just to finish the other thought, those would be the main competitors for the two main species we have.
October 2nd, 2014Committee meeting
Derek Butler
International Trade committee I'm not as familiar with the lobster industry, but I know Australia would be a strong competitor for lobster in Asia.
October 2nd, 2014Committee meeting
Derek Butler
October 2nd, 2014Committee meeting
Derek Butler
International Trade committee No. That's a good question. Because our numbers are so low at present, I suspect we have not, but I could look at that for you and see.
October 2nd, 2014Committee meeting
Derek Butler
International Trade committee We didn't, because there's such a small market share right now, unlike the pork industry, which had a large share of the market sales, particularly on the bellies. We don't have that. We only sell $12 million worth.
October 2nd, 2014Committee meeting
Derek Butler
International Trade committee I had a similar question on the Canada-European trade deal when that was launched. We leave to the individual members the strategies, in terms of accessing individual markets, so I wouldn't have an answer for that particular question.
October 2nd, 2014Committee meeting
Derek Butler
International Trade committee No, you're right. It never happens overnight, and we would never say it would happen overnight. As we said, with the Canada-European trade deal, there are no magic bullets. On the $12 million of sales we have, obviously there will be benefit from the tariff reductions. Then the
October 2nd, 2014Committee meeting
Derek Butler
International Trade committee Are you talking about European product going into the South Korean markets specifically?
October 2nd, 2014Committee meeting
Derek Butler
International Trade committee We haven't done the math on the actual benefits. I do know on the about $12 million that we now export, the tariffs are quite high, so there would be that advantage. It depends on how you negotiate that with your buyers, where the benefit comes from the tariff reduction in the va
October 2nd, 2014Committee meeting
Derek Butler
International Trade committee Thank you, Mr. Chair. Thank you and good afternoon. Let me begin by thanking the committee for this very kind invitation to appear and provide testimony related to the Canada-South Korea free trade agreement. As you all know, seafood is a trading business and it's only appropri
October 2nd, 2014Committee meeting
Derek Butler
Fisheries committee I think it's a fair question. Mr. Sopuck raised something along the same lines. On behalf of industry, I would say, yes, we have to have our cautions. The Westphalian model of sovereign states still has standing, and that obviously matters.
April 30th, 2014Committee meeting
Derek Butler