The entire European Parliament will vote on the agreement on Thursday 28 November, but it is generally expected to follow the example of its Trade Committee. If approved, the increase in U.S. beef shipments is expected to begin in early 2020. But, Mr President, last year, in the rose garden, you and President Juncker said that you wanted more. They wanted to strengthen this relationship for the good of all Americans and Europeans. It is in that spirit that we are here today and we are signing this agreement. Through this agreement, the EU reaffirms its commitment to a positive transatlantic trade programme and a new phase in EU-US relations. And we want them to enjoy the high quality beef that our American farmers and ranchers produce everywhere, which is appreciated by the rest of the world. And we are so excited that our European families – and thank you all – can enjoy this quality beef. Thank you very much, Mr. President. I`m going — my name is Kevin Kester.

I am immediately the former president of the National Cattlemen`s Beef Association, and I am a farmer from California. I`m just going to say I`m a fifth generation. I have a 7th generation family at the ranch. And we will benefit directly from this new agreement with the European Union. That is why we are very grateful. The Irish Farmers` Association (IFA) criticised the agreement, saying it was another example of cattle producer sacrifice for other sectors. “The European Union is one of the most rewarding destinations in the world for American beef, and unique access will benefit not only American producers and exporters, but also European importers and their customers. USMEF thanks USTR and USDA for negotiating this agreement and its agreement, which will support the U.S. industry`s efforts to expand the European customer base for U.S. beef. With this new country-select quota, U.S.

ranchers have a guaranteed market share in Europe. We look forward to the European Union`s swift approval of this agreement. Ambassador RAAPPANA: Good morning. Mr President, Ambassador Lighthizer, ladies and gentlemen, thanks to this new regime, a very large part of the existing quota for the United States will be protected. This provides a solution to our long-standing dispute in the WTO. WASHINGTON – U.S. President Trump applauded an agreement Friday at a White House event to open the European Union to more U.S. beef exports. “The agreement we sign today will reduce trade barriers in Europe and expand access for U.S. farmers and ranchers,” Trump said, adding that U.S.

duty-free beef exports would increase by 46 percent. The agreement we are signing today will reduce trade barriers in Europe and expand access for American farmers and ranchers. In the first year, US duty-free beef exports to the EU will increase by 46%. In seven years, they will increase by another 90%. In total, duty-free exports will increase from $150 million to $420 million, an increase of more than 180 per cent. Let me stress that the negotiations on this agreement that we are conducting are a good spirit and an excellent example of how the multilateral trading system can work to resolve trade disputes. The agreement was initially concluded in June and approved by EU member states in July. On Friday, U.S. Trade Representative Robert Lighthizer and his European counterpart formalized the agreement.

President Donald Trump has just announced a new agreement under which the EU will accept a large number of beef exports to the United States, a measure that will certainly increase profits for American farmers and related industries. The EU will receive 45,000 tonnes of hormone-free beef each year from abroad, and the US will be allowed to reach 35,000 tonnes of this quota after seven years, or about 80% of the total. The United States and the European Union have had beef for years. But after having sned