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NAMI: Working trade agreements with Japan, South Korea crucial

U.S. Meat Export Federation NHF-USMEF-NAMI-Potts-Halstrom-1540.jpg
North American Meat Institute president and CEO Julie Anna Potts and USMEF president and CEO Dan Halstrom participated in a consumer event highlighting U.S. processed pork products in Seoul, South Korea.
In Korea, where U.S. beef and pork exports have surged and red meat consumption is growing rapidly, the importance of market access was on full display.

The president and CEO of the North American Meat Institute recently saw firsthand the fierce competition U.S. red meat faces in the Japanese market, which she says underscores the importance of the recently launched U.S.-Japan trade agreement negotiations.

“NAMI is working very hard with the Trump administration to ensure that we move extremely quickly to get a trade agreement between Japan and the United States,” says Julie Anna Potts. “The uncertainty that’s created when other countries have trade agreements with Japan is not a great place for us to be. So we must continue to reassure our trading partners that there is great emphasis on the importance of getting this agreement done as quickly as possible, and that the U.S. industry continues to vigorously compete in the Japanese market.”

In addition to Japan, Potts visited South Korea, another leading destination for U.S. pork and beef. Potts was accompanied by U.S. Meat Export Federation president and CEO Dan Halstrom and participated in several consumer events, retail promotions and industry meetings arranged by the USMEF. She also received market briefings from U.S. Embassy staff in Tokyo and Seoul.

“The consumer events in Tokyo were very exciting because I was able to interact with retailers and food bloggers, as well as the chefs who prepared U.S. pork and beef,” Potts says. “So those were excellent opportunities to talk directly to consumers and the retailers who supply them about what Japanese consumers look for in red meat products. I was very impressed with what USMEF is doing directly with consumers to grow demand and increase U.S. market share.”

In Korea, where U.S. beef and pork exports have surged and red meat consumption is growing rapidly, the importance of market access was on full display.

“It’s incredibly important that we have working trade agreements with key markets such as South Korea,” Potts says. “KORUS (the Korea-U.S. Free Trade Agreement) is a great example of how the U.S. industry can be much more competitive when we don’t have to deal with tariffs at such high levels.”

In both Japan and Korea, Potts was very impressed with the merchandising of U.S. beef and pork and the promotional efforts coordinated by USMEF staff.

“I just really loved seeing, in multiple retail locations, how beautifully our U.S. beef and pork is presented,” Potts says. “What I observed in the stores was an incredible level of attention to packing and presentation and signage — things that are very, very important to the retail consumer. This drove home the importance of having experienced USMEF staff in these markets who really understand what works and who provide phenomenal service to our industry. I was very pleased to be able to see this in person so that I can speak more knowledgably about it when I’m doing advocacy work back in the United States.”

Potts says that while she has always valued the importance of trade, her time in Japan and Korea gave her a greater appreciation for the outstanding returns red meat exports deliver for the entire U.S. supply chain.

“What we do in these markets, through USMEF, is incredibly important to the U.S. industry,” Potts says. “That cultural exchange, which I’ve now been able to witness firsthand, is just amazing.”

Source: U.S. Meat Export Federation, which is solely responsible for the information provided, and wholly owns the information. Informa Business Media and all its subsidiaries are not responsible for any of the content contained in this information asset.
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