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John Hoeven on Free Trade
Republican ND Governor
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Signed trade deal with Taiwan to export 1.7M tons of wheat
Gov. John Hoeven met a Taiwan Agricultural Trade Goodwill Mission to sign a joint communiqu‚ demonstrating Taiwan's intent to purchase 1.7 million metric tons of U.S. wheat in 2010 and 2011 valued at approximately $425 million.
North Dakota is a top producer in 14 different major commodities, including spring wheat," said Hoeven. "For years, Taiwan has been an important market for North Dakota wheat, and we appreciate their loyalty.
This relationship will remain important in our on-going efforts to expand our export sales and grow our economy."
Taiwan is consistently a top five export market for U.S. hard red spring wheat, the predominate class of wheat produced in the state,
with average annual purchases of 20 million bushels. Spring wheat accounts for over half of Taiwan's total annual purchases of all classes of U.S. wheat, which presently averages 34.5 million bushels.
Source: Press Release, "Taiwan Commits to Buy U.S. Wheat"
, Sep 28, 2009
Cultivate markets overseas for North Dakota products
Gov. John Hoeven will present North Dakota's 2008 Exporter of the Year Award to a North Dakota company during Global Business Connections in Fargo. "North Dakota's volume of trade has grown by
225 percent since 2000," Hoeven said. "That highlights the importance of our ongoing efforts to grow and diversify our economy, including our work to cultivate markets overseas for North Dakota products."
Source: Press Release, "2008 Exporter of the Year Award"
, Feb 25, 2009
Page last updated: Nov 05, 2011