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On June 29, 2022, the European Commission (EC) approved one genetically engineered (GE) crop (maize) for food and animal feed. The authorization was published in the European Union’s Official Journal on July 1, 2022 and remains valid for 10 years.
On December 18, 2020, the European Commission published a Regulation eliminating EU customs duties for fresh and frozen lobsters from August 1, 2020 to July 31, 2025.
On June 28, 2019, the European Union became the first major partner to strike a trade agreement with the Southern Common Market (or MERCOSUR) countries of Argentina, Brazil, Paraguay, and Uruguay.
Column chart comparing the change in value of U.S. agricultural exports before and after key trade agreements.
Free Trade Agreements (FTAs) help expand foreign markets for U.S. producers and exporters by reducing trade barriers, fostering a more stable and transparent environment for trade and investment...
The United States is the world’s largest producer of beef but it also imports more beef than any other country.
South America is one of the fastest-growing world regions for exports of U.S. farm and food products, and Chile and Peru are among the most rapidly growing markets in the region.
FAS/Colombia is writing a series of reports on the opportunities and challenges for agriculture under the Colombia Trade Promotion Agreement (CTPA), which went into force in May 2012.
U.S. agricultural exports to South America nearly doubled in the past four years, reaching a record of more than $8 billion in calendar year 2014.
Exports of high-value, processed food products have been a significant contributor to the strongest five-year period for agricultural exports in U.S. history.
The ability of U.S. agricultural and food exporters to penetrate the growing EU market is constrained by tariff and non-tariff trade barriers and increased global competition.