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Agricultural News


Indo-Pacific Strategy a Positive First Step in Improving Trade Relations in the Region

Tue, 15 Feb 2022 08:58:30 CST

Indo-Pacific Strategy a Positive First Step in Improving Trade Relations in the Region American Farm Bureau Federation President Zippy Duvall commented today on the Biden administration's strategy for U.S. involvement in the Indo-Pacific region.

"The Indo-Pacific region is a critical part of the world for U.S. agriculture. AFBF appreciates the Biden administration's approach to engage with the region and we're encouraged by the economic framework laid out in the Indo-Pacific Strategy. It will remove barriers for American agricultural exports and strengthen relationships with our neighbors from the Pacific coast to the Indian Ocean for everyone's benefit.

"That said, a framework isn't enough. More trade advances are needed in the region, and soon. The U.S. is long overdue for a binding multilateral trade agreement with the Indo-Pacific that outlines consistent standards and improves market access through the reduction of tariffs. America's farmers and ranchers need to be able to compete fairly in the world market."

   

 

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