“This agreement is one of the biggest developments in the history of red meat trade, as no international market delivers greater benefits to U.S. farmers and ranchers, and to the entire U.S. supply chain, than Japan.”
That’s Dan Halstrom’s reaction to news that the Upper House of the Japanese Parliament approved the U.S.-Japan trade agreement on Dec. 4, which will greatly improve access for U.S. red meat in Japan. Key provisions of the agreement, which was approved by Japan's Lower House on Nov. 19, were released in October by the Office of the U.S. Trade Representative (USTR).
U.S. Meat Export Federation (USMEF)
President and CEO, said with the U.S.-Japan trade agreement now approved by the Japanese Parliament, the U.S. beef and pork industries look forward to expanded opportunities in Japan, which is already the largest value destination for U.S. pork and beef exports (combined export value in 2018 was $3.7 billion). “In addition to the benefits provided to the U.S. industry, Japanese consumers will now enjoy more affordable access to a wider range of U.S. products. “