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USDA AWARDS OVER $8 MILLION UNDER EMERGING MARKETS PROGRAM

WASHINGTON, Dec. 18, 2009—The U.S. Department of Agriculture today announced that 91 agricultural trade promotion projects received $8.2 million in fiscal year 2009 funding to promote overseas market access for U.S. food and agriculture. The funding was provided under the Central Fund of USDA’s Emerging Markets Program (EMP).

The EMP, administered by the Foreign Agricultural Service, assists U.S. private and public organizations in improving market opportunities for U.S. agricultural products in low- to middle-income countries with market potential. Program funding can be used for technical assistance, such as activities that focus on trade capacity building or addressing technical barriers to trade. The EMP has a cost-sharing requirement.

This year’s funding recipients include universities, state and federal agencies, trade groups, and nonprofit organizations. Their projects will be conducted in Africa, the Caribbean, Central and South America, Eurasia, and the Middle East.

All applications undergo a competitive review process that evaluates the quality of the proposal, its likelihood to succeed, and the applicant’s knowledge of the market in the region. Qualification requirements include cost sharing, market analysis, and justification for federal funding.

In addition, under the EMP’s Technical Issues Resolution Fund (TIRF), USDA funded 32 projects totaling $831,474 in fiscal year 2009. TIRF activities address technical trade barriers with time constraints.

For more information about the EMP, contact Mark Slupek, Director, Office of Trade Programs, Program Operations Division, at (202) 720-4327, or visit the FAS web site at http://www.fas.usda.gov/mos/em-markets/em-markets.asp.

A listing of EMP projects and program allocations can be found at the following Web link: http://www.fas.usda.gov/mos/em-markets/FY09_emp_allocations.pdf.

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PR 0325-09



 
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