The announcement of the new Indo-Pacific Economic Framework (IPEF) is a welcomed development that represents a new opportunity for the U.S. to strengthen economic ties with 12 other countries that collectively make up 40% of the world’s GDP.
“The IPEF is a new approach to trade negotiations that will hopefully still create the same positive, high-standard outcomes for U.S. farmers as traditional trade agreements,” said USGC President and CEO Ryan LeGrand. “We look forward to engaging the office of the U.S. Trade Representative (USTR) on IPEF negotiations to ensure grain and ethanol can freely move around the world.”
About The U.S. Grains Council
The U.S. Grains Council develops export markets for U.S. barley, corn, sorghum and related products including distiller’s dried grains with solubles (DDGS) and ethanol. With full-time presence in 28 locations, the Council operates programs in more than 50 countries and the European Union. The Council believes exports are vital to global economic development and to U.S. agriculture’s profitability. Detailed information about the Council and its programs is online at www.grains.org.