Trade focus turns to Trans Pacific Partnership negotiations
By Sara Wyant
© Copyright Agri-Pulse Communications, Inc.
WASHINGTON, February 8, 2012 -With Doha Round trade agreement negotiations stalled and bilateral agreements with South Korea, Colombia and Panama ratified by Congress last year, U.S. farm and agribusiness groups have focused increasing hope on negotiating a Trans-Pacific Partnership agreement that holds promise for elimination of tariffs and other trade barriers that slow export growth.
Like negotiating sessions that led to the Uruguay Round
agreement but failed to bridge gaps in the Doha Round, the next round of
The negotiations have grown to nine countries - Australia,
Brunei, Chile, Malaysia, New Zealand, Peru, Singapore, the United States and
Vietnam - and could expand this year to take in Canada, Japan and Mexico.
of U.S. food exporter enthusiasm for including Japan is that of ConAgra Foods,
which expects to sell more frozen French fried potatoes if an 8.5% tariff and
restrictions on food ingredients and processing aids are eliminated. “Japan's participation in the
of commodity groups that have been frustrated by Japanese agricultural
protectionism in the past also endorsed
Original story printed in February 8, 2012 Agri-Pulse Newsletter.
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