US wheat associates touts US - Latin America trade relationship

US Wheat Associates (USW) says President Obama’s recent visit to Brazil, Chile and El Salvador highlighted the special trade relationship that the US shares with its Latin American neighbours. For example, Latin America accounted for more than seven million metric tons (mmt) of US wheat exports in 2009-2010, roughly one-third of all US wheat exports that marketing year.

In Brazil, the two governments signed a trade and economic co-operation agreement (TECA). This agreement establishes a US-Brazil Commission on Economic and Trade Relations, which will work to reduce barriers to trade and promote economic growth. TECAs are often the first step in the process of exploring and negotiating free trade agreements (FTAs). Read more ...

This blog is written by Martin Little The Global Miller, published and supported by the GFMT Magazine from Perendale Publishers.