The Export Enhancement Program, U.S. For. Agricultural Market Development Cooperator Program, Long-Term Bilateral Grain Agts. and Countertrade, Alternative Agricultural Trade Legis. Proposals

T-NSIAD-87-15: Published: Mar 17, 1987. Publicly Released: Mar 17, 1987.

Additional Materials:

Contact:

Office of Public Affairs
(202) 512-4800
youngc1@gao.gov

GAO discussed the Export Enhancement Program (EEP), the Foreign Market Development Cooperator Program, and bilateral long-term grain agreements and countertrade. GAO noted that EEP is a means of increasing U.S. exports, regaining the lost U.S. market share, and disposing of surplus U.S. wheat and other agricultural commodities, but: (1) in fiscal year 1986, EEP sales represented only 3 percent of the value of total U.S. agricultural exports; and (2) U.S. exports not targeted under EEP decreased significantly in the 1986 crop year because of increased production and limited availability of foreign currency. GAO found that: (1) although there was little evidence that EEP sales directly displaced European sales for the 1986 crop year, EEP could hurt these countries if it lowered their export volume or prices; (2) EEP was designed to be budget neutral, but there were examples where individual EEP sales could result in higher government outlays; (3) cooperator programs are geared to increasing consumer and commercial uses of U.S. agricultural products and to developing long-term markets rather than achieving immediate sales; and (4) long-term bilateral grain agreements and countertrade were used extensively in countries where the government attempted to maintain and expand their market share, but these agreements declined as a result of a buyer's market. GAO concluded that more emphasis on market development, coordination of existing and newly established programs, and new markets and value-added commodities are positive responses to increasing foreign competition.

Sep 27, 2016

Sep 22, 2016

Sep 20, 2016

Sep 7, 2016

Aug 31, 2016

Aug 25, 2016

Aug 15, 2016

Jul 14, 2016

Looking for more? Browse all our products here