Baton Rouge, La. - In conjunction with a series of Made
in Rural America Executive Actions announced by President Obama and the White
House, the U.S. Department of Agriculture (USDA) has released data showing the
opportunities for agriculture of the Trans Pacific Partnership (TPP) to help
boost agricultural exports across the 50 United States. TPP is a 21st century
trade agreement that will promote job growth, increase farm income, generate
greater rural economic activity, and help expand U.S. agricultural exports to
some of the fastest growing countries in the Asia-Pacific region. USDA released
its TPP data today after President Obama announced a set of new executive
actions to help grow manufacturing in rural areas and to provide new markets to
small businesses across our nation's heartland. The President's announcement
underscored the White House's "Made in Rural America" initiative
launched in February 2014 and co-led by Agriculture Secretary Tom Vilsack.
Here is just a snapshot of how the TPP would boost exports of some U.S. food
and agricultural products:- Soybeans and Soybean
Products:
Under the Agreement, tariffs across the TPP region will be cut, offering
new market access opportunities to U.S. producers and exporters of
soybeans and soybean products. In 2014 the United States exported $5.5
billion of this product to the TPP region.
- Poultry and Beef: Under the Agreement,
tariffs across the TPP region will be cut, offering new market access
opportunities to U.S. poultry and beef producers and exporters. In 2014,
the United States exported about $7 billion in poultry and beef to the TPP
region.
- Fresh Fruits and Fresh
and Processed Vegetables: Under the Agreement, tariffs across the TPP region
will be cut, offering new market access opportunities to producers and
exporters of U.S. fresh fruits and fresh and processed vegetables. In
2014, the United States exported about $8.1 billion of these products to
the TPP region.
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