Last week, the U.S. Grains Council (USGC) signed a renewed memorandum of understanding (MOU) with Vietnam’s Ministry of Agriculture and Environment (MAE) to strengthen bilateral trade of animal feed and biofuels and expand technical support to the Vietnamese agricultural industry.
USGC Chairwoman Verity Ulibarri signed the MOU on behalf of the Council with USGC President and CEO Ryan LeGrand observing. The signing took place during a USGC board of directors’ meeting in its Washington, D.C. headquarters, allowing Council leaders to greet the Vietnamese delegation and discuss further U.S. agricultural exports to Vietnam.
“Vietnam is a priority market for a variety of U.S. export commodities, including agriculture, and this MOU re-affirms the Council’s commitment to enabling stronger trade relations with Vietnam and improving the lives of their consumers and end-users,” Ulibarri said.
As part of the agreement, the Council will work with MAE and other related agencies to organize workshops, publish educational information and engage in relevant regional and international conferences. It also includes a focus on additional activities in both countries including trade teams, technical missions and industry networking events.
The MOU also includes the Council’s assistance in building the industrial capacities of Vietnam’s feed, food and fuel sectors and the reduction of trade barriers to make U.S. products more competitive for Vietnamese buyers.
“Staff based in our regional office for Southeast Asia and Oceania (SEA&O) have worked diligently to activate the Vietnamese market for U.S. feed and biofuel exports, so this MOU is a testament to their dedication, and we all look forward to future programs to reach customers in Vietnam,” LeGrand said.
Learn more about the Council’s work in Vietnam here.
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.