Emerging Markets Recipients Announced

September 19, 2008 - The U.S. Department of Agriculture's Foreign Agricultural Service (FAS) this week announced that nearly 90 agricultural trade promotion projects will receive a total of $10 million in fiscal year 2008 funding under the Emerging Markets Program.

The American Sheep Industry Association (ASI) along with other trade groups, nonprofit organizations, universities and federal agencies are the recipients of this year's funding. Projects will be conducted in Africa, Asia, South Asia, the Caribbean, Central and South America, Europe and Eurasia and the Middle East. The program supports generic promotion and distribution of U.S. agricultural products, trade missions and research on new markets. It also sponsors activities that encourage free trade policies and enhance the effectiveness of the food and agribusiness systems of emerging markets.

"ASI is very pleased to be a first time recipients of this funding," commented Rita Kourlis Samuelson, ASI's international wool and pelt marketing director. "The Emerging Markets Program will be effective for sheep and sheep products in identifying trade barriers as well as in assessing market opportunities for future trade."

A complete list of projects approved for funding in fiscal year 2008 is available at www.fas.usda.gov/info/newsevents.asp.
Staff contact: Rita Kourlis Samuelson, ext. 29

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