Canada, US Extend Softwood Lumber Agreement

Law360, New York (January 23, 2012, 2:46 PM EST) -- The U.S. and Canada on Monday signed on to a two-year extension of a trade agreement that outlines resolutions for disputes about Canadian exports of softwood lumber into the U.S.

U.S. Trade Representative Ron Kirk and Canadian Minister for International Trade Ed Fast signed a two-year extension of the 2006 U.S.-Canada Softwood Lumber Agreement, which was previously set to expire in 2013, both governments said.

The agreement will now be in effect through Oct. 12, 2015.

Under the SLA, the U.S. agrees to withhold the imposition...
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