United States And Russia Sign Agreement To Establish Meat And Poultry Market

      

      

by Deborah Silver on 6/17/2005 for Meatingplace.com

                 

The United States and Russia have signed an agreement that will enhance the access of U.S. meat and poultry to the Russian market. The pact, which formalizes an accord reached in 2003, remains in effect until 2010.

The pact allows the United States to export specific quantities of poultry, beef and pork at mutually determined tariff levels, with quantities exceeding those amounts subject to higher tariffs. Included in the pact are rules on the allocation and distribution of import licenses and veterinary permits. The pact also contains a provision that ensures trade representatives from the United States and Russia will meet at least twice a year to discuss market conditions and administrative issues.

"The signing of this agreement is an important step forward in U.S.-Russian agricultural relations and enables us to negotiate with greater certainty on agricultural issues as part of the Russian Federation's bid to join the World Trade Organization," noted U.S. Trade Representative Rob Portman.

Russia is the United States' top market for poultry exports, which were valued at nearly $700 million in 2001. Russia also is the sixth largest market for U.S. pork and the seventh for U.S. beef.

 
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