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Copy of Global Trade Deficit in Food Safety
Transcript of Copy of Global Trade Deficit in Food Safety
Question 2. Do you think food-safety regulations should be built into an extension of NAFTA or EFSA? Why or why not? What are the benefits and drawbacks of putting food-safety regulations into international trade pacts
Question 3. What other challenges face the food industry in an era of economic integration and opening markets?
Implications for T&T
Global Food Trade:
Fair Trade or Safe Consumption?
-Lack of resources – physical and financial
-How do you think countries with a high volume of exports to the United States, such as Mexico, would respond to stricter food-safety rules?
-Do you think such measures are a good way to stem the tide of food-related illnesses?
-Do you think food safety practices and standards should be built into an extension of NAFTA? Why or why not? What are the benefits and drawbacks of putting food-safety regulations into international trade pacts?
-In addition to lack of harmonized food-safety practices and standards what other challenges face the food industry in an era of economic integration and opening markets?
Consumers are at risk of contracting diseases.
Insufficient safety rules in place to protect consumers.
Ban imports that fail to meet standards.
Perform better inspections.
Develop new policies for food safety e.g irradiation.
Tax and non-duty hindrances.
Diverse levels of advancement across nations.
Balancing financial performance and safety standards.
Countries may respond with resistance. Stricter food safety rules? YES!
Strengthen quality, objectivity and transparency.
Conform to maintain trade relationships.
What is NAFTA?
Benefits and drawbacks
5yr old chicken exported from U.S. to T&T.
Proper handling to avoid contamination goods.
Demand for meat is high in T&T.
Gov't to provide subsidiary for more plants.
Trading faulty goods?