Trade Mission to Ukraine and Romania in Discussion

Trade Mission to Ukraine and Romania in Discussion

June 17, 2016   

The value of U.S. agriculture exports is forecast at 124.5 billion dollars – that's down 15.2 billion from the fiscal year 2015, which is a record ag trade deficit. More imports are being brought in than exports, the first time this has happened since 1969. Several ag leaders want to change that forecast by increasing trade opportunities with other nations. 

Leaders from five state Departments of Agriculture and eight U.S. agribusinesses and organizations are with Agriculture Acting Deputy Secretary, Michael Scuse, on a trade mission to Ukraine and Romania. The group has been meeting with potential customers and host government representatives. Scuse says the mission could lead to new business opportunities. 

Scuse said, "So far it's been interesting talking with businesses; they have been very pleased. They're very positive and have indicated that they're confident there are going to be sales made."      

U.S. exports to Romania have been on the rise, and trade could be further helped by passage of the TTIP Trade Agreement.

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