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EC Statement: Trade - Memorandum on Beef Hormones dispute signed with the United States

( May 14, 2009, 16:17 GMT | Official Statement) -- Extract: The representatives of the European Communities (EC) and United States to the World Trade Organization in Geneva yesterday evening signed a Memorandum of Understanding on a provisional solution to the long-running dispute over hormone-treated beef. This Memorandum provides for a substantial reduction of sanctions imposed by the United States on European products, while the EC will improve market access opportunities for high quality beef, a product traditionally exported by the United States.The representatives of the European Communities (EC) and United States to the World Trade Organization in Geneva yesterday evening signed a Memorandum of Understanding on a provisional solution to the long-running dispute over hormone-treated beef. This Memorandum provides for a substantial reduction of sanctions imposed by the United States on European products, while the EC will improve market access opportunities for high quality beef, a product traditionally exported by the United States....

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