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Nakuja, Tekuni; Akhand, M.; Hobbs, Jill E.; Kerr, William A.. |
The Food Safety Modernization Act (FSMA) which was signed into law in January, 2011 represents a major initiative to improve food safety in the US. The legislation mandates the US Food and Drug Administration with developing a regulatory system to implement the Act. As yet, the full effect of the Act cannot be evaluated because the regulatory requirements are yet to be developed. There is little doubt, however, that those firms, both domestic and foreign, that wish to supply US consumers with food will face a considerable increase in regulatory costs. This paper outlines the major requirements of the FSMA and suggests how the regulatory burden may fall on foreign versus US domestic suppliers. Areas where Canadian firms may be disadvantaged relative to US... |
Tipo: Report |
Palavras-chave: Competitiveness; Food safety; Regulatory burden; SPS; Agribusiness; Agricultural and Food Policy; Food Consumption/Nutrition/Food Safety; International Relations/Trade. |
Ano: 2011 |
URL: http://purl.umn.edu/116847 |
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Nakuja, Tekuni; Akhand, M.; Hobbs, Jill E.; Kerr, William A.. |
The FSMA appears to be a major undertaking with a very large responsibility placed on the FDA. It would seem that bottlenecks to exporting are bound to appear which will be very frustrating for Canadian firms. It is important for Canadian firms and Canadian policy makers to work hard to ensure that temporary bottlenecks do not become permanent inhibitors of trade. The Canadian government needs to understand industry concerns and use any mechanisms – including those in the NAFTA – to initiate consultations with the US. Given the likely lags in implementation, North American food markets are likely to exhibit considerable disequilibrium over the near term. Trade flows will be affected. As the implementation programs of the FSMA become more transparent, more... |
Tipo: Report |
Palavras-chave: Food; Safety; Competitiveness; Agribusiness; Agricultural and Food Policy; Food Consumption/Nutrition/Food Safety. |
Ano: 2011 |
URL: http://purl.umn.edu/116852 |
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