Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

4-Traders Homepage  >  News  >  Economy & Forex  >  All News

News : Economy & Forex

Latest NewsCompaniesMarketsEconomy & ForexCommoditiesInterest RatesBusiness LeadersFinance ProfessionalsCalendarSectors 
All NewsEconomyCurrencies / ForexCryptocurrenciesEconomic EventsPress releases

Steve King : King Persuades Taiwan to Buy $2.8 Billion of Corn, Soybeans, Wheat

share with twitter share with LinkedIn share with facebook
share via e-mail
0
09/14/2017 | 04:19am CEST

Washington, D.C.- Congressman Steve King released the following statement after joining with representatives of the Republic of China (Taiwan) at a ceremony to sign 'Letters of Intent' announcing Taiwan's decision to make significant purchases of American corn, soybeans, and wheat in 2018 and 2019. Under the terms of the letters signed today, Taiwan is declaring it will purchase 359.1 to 370.1 million bushels of U.S. grains, worth a projected total value of $2.8 billion, over the next two years. Today's signing ceremony follows Congressman King's strong advocacy efforts on behalf of Iowa agriculture. Last month, King personally met with Taiwanese officials including President Tsai Ing-Wen, Minister of Agriculture Tsung-Hsien Lin, President of the Legislature Jia-Chyuan Su, Minister of Foreign Affairs Dr. David Tawei Lee, Minster of National Defense Admiral Tze-Chun Pu and Minister of Economic Affairs Mei-Hua Wang to encourage these government officials to pursue these agreements and to purchase more agricultural goods.

'Taiwan's decision to purchase approximately $2.8 billion of U.S. grains is good news, particularly for Iowa's corn and soybean producers,' said King. 'I look forward to welcoming the Taiwan trade delegation to the Heart of the Heartland on Friday to finalize this agreement. Taiwan is an important trading partner, and I am pleased that my efforts to encourage them to buy more American agricultural goods are paying off. When Taiwan buys American grains to feed their countrymen, Iowa's rural economy benefits and the national defense posture of Taiwan gets stronger. Looking forward, it will be important to build on our success trading with Taiwan to expand market access for Iowa's goods throughout Asia.'

Congressman Steve King delivers remarks before signing 'Letters of Intent' with Taiwan.

Congressman Steve King (left) witnesses Taiwan's signing of Letters of Intent to purchase $2.8 billion of corn, soybeans and wheat.

On Friday, September 14, Congressman King will be meeting with a Taiwanese trade delegation in Iowa to finalize the trade agreements agreed to this afternoon.

###

Steve King published this content on 13 September 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 14 September 2017 02:18:06 UTC.

share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news "Economy & Forex"
12:48aOFFICE OF GOVERNOR OF STATE OF ALASKA : Governor Walker continues to work with US, Chinese leaders to advance Alaska’s trade interests
PU
12:39aCanada mulls auto firms aid in response to U.S. tariffs threat
RE
12:37aSenate passes defense bill, battle looms with Trump over China's ZTE
RE
12:37aDOWNEY BRAND LLP : California Proposes Regulation that Proposition 65 Cancer Warnings Are Not Required for Coffee
PU
12:33aUSTR to end public comment on second China tariff list July 31
RE
12:33aCITY OF MIDDLETOWN NY : Water System Repair on 6/19/2018 (Wells Ave)
PU
12:28aTrump's tariff war threatens to erode support of farmers
RE
12:23aASK OUR EXPERTS : Talking Driver Safety with Drew Schimelpfenig
PU
12:20aTSX rises 0.42 percent as energy climbs
RE
12:13aSouth American trade bloc eyes new deals as EU talks drag on
RE
Latest news "Economy & Forex"
Advertisement