- About us
- IBJ Awards
- Free Sample
- Contact us
ASA welcomes Soybean Free Trade Agreements momentum
(Posted on 01/11/18)
Trade negotiations are officially on the horizon with the European Union, Japan and the United Kingdom, continuing the momentum generated by a bilateral deal with South Korea (KORUS) and a renegotiated NAFTA agreement with Mexico and Canada, now the USMCA.
The American Soybean Association (ASA) has consistently requested a negotiated solution to the trade war with China and urged that exports lost to this key market be offset through new free trade agreements. ASA is hopeful that the Administration’s formal notice to Congress that it will enter trade negotiations with the European Union, Japan and the United Kingdom as soon as mid-January will make a settlement with China a plausible next step, bringing an end to the devastating tariff imposed on American soybeans.
Concluding the USMCA and success with subsequent FTA negotiations with Japan, the EU and other countries would mean opportunities to potentially increase U.S. soy and livestock product exports to other promising markets, including the Philippines. ASA is encouraging the Administration to consider adding Vietnam and Indonesia to its list of potential negotiating targets. Knowing, however, that increased sales to these markets won’t offset lost U.S. export to China, ASA continues to emphasize the need to reach an agreement that rescinds the current tariffs and allows soy growers to begin to restore this vital, number one export market.
The European fertilizer industry has acknowledged the Commission’s proposal to add a new instrument... Read more
Rio Tinto's ISAL smelter in Iceland has been certified by the Aluminium Stewardship Initiative (ASI)... Read more
Australia’s peak national grain grower advocacy group has welcomed the Australian Government&rsquo... Read more
The National Grain and Feed Association (NGFA, and a coalition of agricultural shippers including the... Read more
Rusal, a leading global aluminium producer, has begun mining at a new open pit quarry at the Vezhayu... Read more
Cargill has announced plans to break ground on a new canola processing facility in Regina, Saskatchewan... Read more
Rusal, a leading global aluminium producer, has announced that it has successfully completed the acquisition... Read more
The U.S. Grains Council (USGC) has published its 2020/2021 Sorghum Quality Report and for the second... Read more
Rio Tinto has released its 2020 Taxes paid. The company’s economic contribution report, which... Read more
En+ Group, the world’s leading producer of low-carbon aluminium and independent hydropower, has... Read more