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Cuts in tariffs could increase U.S. farm gate exports by more than $1.8 billion.
Long Beach, Calif. – California winegrape growers joined with United States Department of Agriculture Secretary Tom Vilsack to support the long-awaited U.S.-Korea Free Trade Agreement. At a press conference today in Long Beach, winegrape grower and vice chair of the California Association of Winegrape Growers Heidi Scheid joined Vilsack, Mayor Bob Foster and other California agricultural leaders in calling for quick action on the agreement.
“Korea is an important market opportunity for California winegrape growers,” said Scheid. “At this point in the economic recovery, a free trade agreement with Korea would provide a much needed boost for the California wine industry.” The California Association of Winegrape Growers joins a growing coalition of agricultural groups in calling for prompt action by Congress on this vital trade agreement.
Economists concluded in a 2009 study by University of California at Davis, Agricultural Issues Center, that implementation of the U.S.-Korea Free Trade Agreement, may more than double California’s current exports of agricultural products to that country, valued at $280 million. President Obama is expected to soon send the U.S.-Korea Free Trade Agreement to Congress for consideration.
For more information visit: http://www.ustr.gov/trade-agreements/free-trade-agreements/korus-fta
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