Omaha World Herald: TPP, International Trade Boost Nebraska Agriculture

Greg  Ibach Posted on 11/15/2016 by Greg Ibach

Written by Nebraska Director of Agriculture Greg Ibach
View the original Omaha World Herald feature here.

International trade plays a vital role in the current and future success of Nebraska agriculture.

Right now, Congress is considering the Trans-Pacific Partnership, a 12-country trade agreement that would expand trade opportunities in the Asian-Pacific market.

With enhanced access to international markets, this agreement would help grow our ag sector by making Nebraska products more competitive.

Opening up new markets and expanding existing markets for Nebraska’s agricultural products has been a key focus of Gov. Pete Ricketts’ Grow Nebraska Plan, and the Nebraska Department of Agriculture has worked to support international trade and TPP as part of that plan.

TPP would reduce or eliminate tariffs on Nebraska commodities such as beef and open new markets for the state’s agricultural products. For example, Japan’s beef tariff, currently as high as 50 percent, would be reduced to 9 percent, while Vietnam and Malaysia would eliminate their tariffs altogether.

By lowering or eliminating tariffs on American ag exports, TPP would make our products more competitive and create a fair playing field for trade in the region.

Click here to read the full op-ed.

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