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Agri-Food Trade Deals Boost EC Economy, Jobs

February 28, 2017: 12:00 AM EST
An EC-sponsored study concludes that trade agreements have not only boosted agricultural exports, they have supported agri-food and other sector jobs. Agreements with Mexico, Switzerland, and South Korea increased exports by more than $1.3 billion and raised value-added in the agri-food sector by $787 million. The three agreements contributed to a record for total EU agri-food exports in 2016. The total reached $172 billion, up $1.8 billion on 2015. The biggest increases in annual exports were to the U.S. and China. “Trade deals, done right, are a force for good for our farmers and food producers,” said Trade Commissioner Cecilia Malmström. [ Image credit: © U.S. Customs and Border Protection ]
"Trade Agreements Boost EU Agri-Food Sector", Food Ingredients 1st, February 28, 2017, © CNS Media BV
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