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USAgNet - March 09, 2010
During a keynote speech at the 2010 Commodity Classic in California last week, U.S. Agriculture Secretary Tom Vilsack laid out USDA's plans to increase exports of agricultural products and strengthen the
American agriculture economy. While USDA has traditionally looked at agricultural trading partners by geographic region, under the new trade strategy outlined by Vilsack, the agency looks at countries
based on their position on an agricultural market continuum. USDA reports the plan will enable tailored strategies to increase exports to each individual market.
Vilsack told attendees the new strategy will help achieve the President's plan of doubling all U.S. exports in the next five years. He also noted that the market continuum will now go 'from fragile markets/food
security states, to potential growth markets, to restricted access markets, to rapid growth markets, to developed consumer markets.' According to USDA, the new strategy will improve collaboration among
USDA agencies and guide priorities.
For example, in potential growth markets, USDA programmes will now emphasise building the institutional and human capacity needed to support increased trade, while in restricted access markets, USDA
efforts are designed to remove trade barriers. In rapid growth markets, USDA will now use a full range of programmes to build trade capacity, remove trade barriers and develop new markets for US
products.
The annual value of U.S. agricultural exports is rapidly increasing, USDA reports. Ten years ago the annual value was less than $50 billion and this year, even with the sharp global economic downturn, USDA
estimates agricultural exports to reach $100 billion, the second-highest level ever. USDA will continue to push hard for an open rules-based international trading system that will benefit both consumers and
suppliers of agricultural products around the world, Vilsack said.
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