International Ag Insurance Solutions issued the following announcement on May 17.
U.S. Secretary of Agriculture Sonny Perdue today announced that the United States and Japan have agreed on new terms and conditions that eliminate Japan’s longstanding restrictions on U.S. beef exports, paving the way for expanded sales to the United States’ top global beef market. Last week, on the margins of the G-20 Agriculture Ministerial Meeting in Niigata, Japan, Secretary Perdue met with Japanese government officials and affirmed the importance of science-based trade rules. The new terms, which take effect immediately, allow U.S. products from all cattle, regardless of age, to enter Japan for the first time since 2003.
“This is great news for American ranchers and exporters who now have full access to the Japanese market for their high-quality, safe, wholesome, and delicious U.S. beef,” Secretary Perdue said. “We are hopeful that Japan’s decision will help lead other markets around the world toward science-based policies.”
The U.S. Department of Agriculture estimates that this expanded access could increase U.S. beef and beef product exports to Japan by up to $200 million annually. The agreement is also an important step in normalizing trade with Japan, as Japan further aligns its import requirements with international standards for bovine spongiform encephalopathy (BSE).
Original source can be found here.
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