Trade Talks Happening Around The World

corn exports to NAFTA

Trade and U.S. leadership in the global economy have been hot topics during a busy last week, including the renegotiations of the North American Free Trade Agreement (NAFTA) in Canada, opening talks in modernizing the United States–Korea Free Trade Agreement (KORUS), the World Economic Forum in Davos, Switzerland, and President Donald Trump’s State of the Union speech. 

The sixth round of NAFTA negotiations ended in Montreal with no firm conclusions but with commitments to come back to the table in late February for a seventh round in Mexico City. 

USGC, NCGA Celebrate Four Decades And Counting Of Successful Trade With South Korea

45th anniversary celebration in Korea

More than four decades of partnership and a free trade agreement have benefitted agribusinesses in both the United States and South Korea. But the preservation of past success must be coupled with an innovative look at the future in order for that positive trading relationship to continue in years to come, South Korea customers told a delegation of leaders and staff from the U.S. Grains Council (USGC) and the National Corn Growers Association (NCGA) last week. 

Tierney Joins USGC As Director Of Strategic Marketing/Ethanol, North Asia

Tim Tierney headshot

Tim Tierney joined the U.S. Grains Council (USGC) as director of strategic marketing/ethanol, North Asia, on Monday. Based in Signapore, this new position will seek to capitalize on longstanding relationships as well as emerging opportunities for biofuels in North Asia. 

Tierney’s position reflects efforts to build and align global resources for the Council's work to capture near-term demand for U.S. feed grain sales and build long-term demand for ethanol among global customers. 

USGC Statement On Potential Withdrawal From KORUS

A statement from the U.S. Grains Council (USGC): 

"The Council strongly opposes withdrawal from the U.S.-Korea Free Trade Agreement (KORUS), an action that will lead to immediate and sustained losses in sales to our third largest corn customer.

"South Korea is an example of the transformational partnership available to U.S. grain farmers and their global customers through strong trade policy and overseas market development.

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