Canada and the Republic of Korea have resolved a dispute over the import of Canadian beef into Korea, the World Trade Organization announced.
The countries notified the WTO that they had reached a mutually agreed solution; parties in WTO disputes may settle it at any time as long as settlements are consistent with the relevant WTO agreement and do not nullify or impart benefits accruing under the agreement to any other member.
The dispute centered around protecting against bovine spongiform encephalopathy. Canada began the formal dispute process in 2009; they say Korea blocked imports of Canadian beef starting in 2003.
Further information regarding the dispute and the settlement will be posted here in the coming days.
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