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Baucus Secures Commitment from Obama Administration to Expand Access for U.S. Beef in Korea

Wednesday, May 4, 2011

(American Meat Institute)

The Obama administration today announced a plan to fund U.S. beef promotion in Korea and to hold consultations on U.S. beef market access, according to a press release issued by Senator Max Baucus (D-MT), who served as a key negotiator on the issue. 

“Our long fight for strong, science-based trade rules around the world to open foreign markets for American ranchers – and keep them open – took big steps forward today,” said Baucus.  “Korea’s age restriction on U.S. beef is both scientifically unjustified and inconsistent with international standards. To address this barrier, I fought both for more resources to promote U.S. beef in Korea and for consultations with Korea on the full application of the import protocol, which calls for full market access for U.S. beef.”

AMI President and CEO J. Patrick Boyle hailed Senator Baucus’ leadership in negotiating these important developments. 

“On behalf of the U.S. meat industry, I commend Senator Baucus for his tireless efforts in promoting expanded access for U.S. beef in Korea. It is our hope that this important development will put the Korea Free Trade Agreement, as well as those with Panama and Colombia, on a fast track for approval in the Senate.” 

AMI last year worked closely with the National Pork Producers Council, Iowa State University, ERS, U.S. Meat Export Federation and the USA Poultry and Egg Export Council to derive estimates on the impact of full implementation of these three free trade agreements on U.S. exports and job creation.  Results of the impact study found that passage of the pending Colombian, South Korean, and Panamanian free trade agreements would represent an additional $2.3 billion in meat and poultry exports and the creation of 29,524 new jobs. 

To read Senator Baucus’ press release in its entirety, visit:  http://finance.senate.gov/newsroom/chairman/release/?id=514813d3-9192-4a38-8f5a-ea602675f442.

To read about U.S. Meat Export Initiative’s expanded South Korea initiative, visit http://www.usmef.org/.  

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