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Foreign Market Development Cooperator Program
The Foreign Market Development Cooperator Program (FMDP or Cooperator Program) is one of the agricultural export promotion programs operated by the United States Department of Agriculture (USDA) Foreign Agricultural Service. This program is a joint government-agri-industry effort to develop markets by acquainting potential foreign customers with U.S. farm products. Activities under this program include providing technical assistance to prospective foreign buyers, overseas food exhibits, product demonstration In marketing, a product demonstration (or ''"demo"'' for short) is a promotion where a product is demonstrated to potential customers. The goal is to introduce customers to the product in hopes of getting them to purchase that item. Products offere ...s and advertising aimed at foreign consumers. FAS shares the financing of these projects with the cooperators, which are nonprofit commodity trade associations primarily composed of producer-based farm groups. References * ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Export Promotion
Trade promotion (sometimes referred to as export promotion) is an umbrella term for economic policies, development interventions and private initiatives aimed at improving the trade performance of an economic area. Such an economic area can include just one country, a region within a country, or a group of countries involved in an economic trade area. Specific industries may be targeted. Improvement is mainly sought by increasing exports both in absolute terms and relative to imports. When specific industries are targeted, trade promotion policies tend to target industries that have a comparative advantage over their foreign competitors. Trade promotion can also include expanding the supply of key inputs in a country's strongest industries, via import expansion. If successful, such a tactic would lead to pro-trade biased growth. As an economic policy with the ultimate goal of increasing domestic welfare, trade promotion comprises a large set of policy instruments. One notable tacti ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |