Canada has agreed to drop a decades-old trade dispute against the European Union's restriction of beef imports thanks to terms in the recently enacted Canada-EU trade agreement.

The dispute goes back to 1989 when the European Union closed the door on imports of hormone-treated beef, leading both Canada and the United States to challenge the decision at the World Trade Organization.

In a joint statement posted to the WTO website Tuesday, Canada and the EU said that the Comprehensive Economic and Trade Agreement that went into force last month was "conducive for finding a mutually agreed solution and settling the dispute."

This was excerpted from the 3 October 2017 edition of CBC News.