Dairy Trading Act Welcomed by Industry14 January 2014
US – The Trade Priorities Act has been welcomed by the National Milk Producers Federation (NMPF) and the US Dairy Export Council (USDEC).
Several elements are involved in the act (TPA-2014) including tariff reduction on US products exported and stronger rules on sanitary measures.
The legislation also looks to regulate use of geographical indications and place ‘specific negotiating focus’ on all goods to which US tariff rate quotas apply.
Both industry bodies wish to see the TPA’s swift progress through Congress to offer ‘renewed direction’ to the US teams working on the Trans-Pacific Partnership and the Transatlantic Trade and Investment Partnership agreement.
Jim Mulhern, President and Chief Executive Officer at NMPF said the act ‘recognizes the importance of clearly identifying the goals and priorities that are most vital to the successful negotiation of balanced trade agreements.’
“We are very pleased to see the TPA legislation recognizes the many challenges facing U.S. agricultural exports, including dairy products, and its rightful focus on how negotiations should best address barriers to trade,” declared Tom Suber, president of USDEC.
Both organisations stressed the TPA is only to ‘lay the ground work’ for the Congressions consideration.
TheCattleSite News Desk