Food Industry
Industry: Email Alert RSS FeedTrade talks focus on bilateral deals.
Kiplinger Agriculture Letter, The, November, 2006
With global trade talks all but dead...
The focus is on bilateral trade deals with Colombia, Peru and several Asian nations: Vietnam, Thailand, Malaysia and South Korea.
U.S. farmers have a lot at stake, especially in the negotiation of deals with the Asian countries. They already buy more than $4 billion a year of U.S. farm goods. As their economies expand, their purchases of food, feed and fiber items are sure to rise.
The White House is keen on trade pacts and wants to complete as many as possible before President Bush's exclusive authority to make trade agreements without modification by Congress ends in June. Congress is limited to up-or-down votes on trade agreements under temporary terms granted to the president.
But Democrats...
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