“Egypt is already one of the 10 top purchasers of U.S. soybeans and U.S. corn, but we’ve never had them here directly,” Saba said.
Top Egyptian officials will be on U.S. soil later this week to talk trade delegations with South Dakota. They’ll tour Brookings, Volga, Watertown, and Aberdeen.
“They’re interested in buying soybeans, corn, wheat, and agri-technology from South Dakota,” Saba said.
Talks with different nations on trade started when the U.S. lost China, one of their largest agricultural trade partners.
Saba said as a state South Dakota needs to look for other markets since the tariffs imposed have been crippling economies.
“We as representatives of the public need to take care of our state and do the right things for our state,” Saba said [Ricardo Lewis, “State Lawmaker Announces Trade Talks with Egypt,” KSFY, 2019.10.27].
Rep. Saba appears to be taking more concrete action than our Congressional delegation to save South Dakota farmers from the Trump tariffs and from Trump welfare checks:
The side effects from the fallout earlier this year required some farmers to seek federal aid, something many don’t want. Saba is now saying that the region has seen a dramatic loss because of the dependency on the Chinese market.
“Our farmers don’t want to be dependent on subsidies. People say well they get this money in place of it. That’s taxpayer money! That’s their money and my money and your money,” Saba said [Lewis, 2019.10.27].
Just keep those Egyptians away from Neal Tapio! If they hear him tearing down Muslims, they may take their business to Iowa, where they plan to spend two days. Come on, Saba and South Dakota! Make the sale!
Egypt could be very important to South Dakota as well as the entire continent of Africa. This new trade bloc has the potential to even be more than that of the European Union. Good for Representative Saba to think outside the box for trade and markets for our ag products.
“A new economic bloc was born when 24 nations came together in May to form the Africa Continental Free Trade Area (AfCFTA). The aim of the bloc was to increase trade between nations by tearing down trade barriers.
Africa’s decision to create an economic bloc could make it the next European Union. Trade between nations on the continent is estimated to be about 20 percent. That compares to 69 percent in the European Union.
If all 54 nations join, the combined spending and investment power is estimated to be $4 trillion, making it a huge market for businesses to tap into with a population of 1.2 billion.”
With so many more GOP in the statehouse, it would seem more likely that one of them would be finding new trade partners, rather than this wonderful Democrat. Guess helping farmers and other South Dakotans isn’t in that secret GOP pledge that supersedes all others.
Kudos to Rep. Saba for doing his job.
Debbo
2019-10-30 14:56
With Economic Oaf in the WH, can we expect him to save farmers the same way he promised to Save Coal?
“According to the Wall Street Journal, Murray Energy is is the eighth coal company to go bankrupt in the past year alone. The company employs more than 5,000 full-time employees.” http://bit.ly/2NrjCf9
Murray was the biggest coal company in the USA.
jerry
2019-10-30 15:22
Chubby knows one thing for sure, the FED interest cuts put money personally in his pocket. The more the FED cuts, the less Chubby has to pay on his loans.
jerry
2019-10-30 15:25
Ms. Debbo, did you read that this bankruptcy also cancels out the miners pension plans, more money for the wealthy.
Egypt could be very important to South Dakota as well as the entire continent of Africa. This new trade bloc has the potential to even be more than that of the European Union. Good for Representative Saba to think outside the box for trade and markets for our ag products.
“A new economic bloc was born when 24 nations came together in May to form the Africa Continental Free Trade Area (AfCFTA). The aim of the bloc was to increase trade between nations by tearing down trade barriers.
Africa’s decision to create an economic bloc could make it the next European Union. Trade between nations on the continent is estimated to be about 20 percent. That compares to 69 percent in the European Union.
If all 54 nations join, the combined spending and investment power is estimated to be $4 trillion, making it a huge market for businesses to tap into with a population of 1.2 billion.”
Egypt doesn’t consume much soy and has room for growth in acres. But, there is some good news
for soy farmers in America… https://ussoy.org/egyptian-demand-for-u-s-soybeans-rising-in-2019-20/
With so many more GOP in the statehouse, it would seem more likely that one of them would be finding new trade partners, rather than this wonderful Democrat. Guess helping farmers and other South Dakotans isn’t in that secret GOP pledge that supersedes all others.
Kudos to Rep. Saba for doing his job.
With Economic Oaf in the WH, can we expect him to save farmers the same way he promised to Save Coal?
“According to the Wall Street Journal, Murray Energy is is the eighth coal company to go bankrupt in the past year alone. The company employs more than 5,000 full-time employees.”
http://bit.ly/2NrjCf9
Murray was the biggest coal company in the USA.
Chubby knows one thing for sure, the FED interest cuts put money personally in his pocket. The more the FED cuts, the less Chubby has to pay on his loans.
Ms. Debbo, did you read that this bankruptcy also cancels out the miners pension plans, more money for the wealthy.
🤬🤬🤬🤬🤬