Sen. Cramer Participates in 2022 Taiwan Agricultural Commerce Goodwill Mission, Reiterates Help for Taiwan

September 15, 2022

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WASHINGTON – U.S. Senator Kevin Cramer (R-ND) delivered remarks on the 2022 Taiwan Agricultural Commerce Goodwill Mission reiterating his assist for Taiwan and highlighting the sturdy agriculture commerce relationship between the island and North Dakota.  

“North Dakota and Taiwan share a Sister State relationship, by which we acknowledge our friendship, buying and selling partnership, and shared values of freedom and democracy,” stated Senator Cramer. “Given the elevated threat China poses to the area and the world, Taiwan’s strategic alliance is extra necessary now than ever. Agreements like at the moment’s spotlight the necessity for a extra complete commerce settlement between our nations. North Dakota farmers and ranchers are nationwide leaders within the manufacturing of meals for a hungry world. We’re dedicated to supporting the peace and stability of certainly one of America’s most necessary companions within the Asia-Pacific area via the strengthening of our financial partnership.”

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The 2022 Taiwan Agricultural Commerce Goodwill Mission was led by Dr. Ching-Cheng Huang, Deputy Minister of Taiwan’s Council of Agriculture. The Mission signed three Letters of Intent (LOI) with the U.S. Soybean Export Council, the U.S. Grains Council, and the U.S. Wheat Associates. The LOIs define Taiwan’s intention to buy corn, soybeans, and wheat from america in 2023 and 2024, with a complete estimated dedication of greater than $3.2 billion {dollars}.

Taiwan is the seventh largest abroad marketplace for U.S. agricultural merchandise, with a complete commerce quantity of three.9 billion in 2021. When it comes to per capita consumption, Taiwan is the 4th largest shopper of U.S. agricultural merchandise. North Dakota is a nationwide chief in soybean, corn, wheat, and beef manufacturing which make up the most important agriculture exports to Taiwan.

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After their go to to D.C., the 2 delegations will journey to 7 states to fulfill with state authorities officers, farmers, exporters, and associated industries to discover alternatives for enterprise or different types of cooperation. The Soybean and Corn Delegations will go to Minnesota, Illinois, Iowa, and Kentucky; the Wheat Delegation will go to Kansas, Oregon, and Idaho.

 

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Background:

In Could, Senator Cramer joined Senators Jim Risch (R-ID), Bob Menendez (D-NJ) and 49 Senate colleagues in penning a letter to President Joe Biden urging the Administration to incorporate Taiwan as a associate within the proposed Indo-Pacific Financial Framework (IPEF). The senators argued that failing to incorporate Taiwan in IPEF runs counter to U.S. financial pursuits within the area, but the Indo-Pacific Financial Framework, the Biden Administration’s largest commerce initiative, nonetheless excludes Taiwan.