Farmer leaders of the American Soybean Association (ASA) and the United Soybean Board (USB) have entered into a Memorandum of Understanding with representatives of the Paraguayan Chamber Of Cereal & Oilseeds Exporters and the Paraguayan Soybean, Oilseeds and Cereals Producers Association to begin and expand cooperation in areas of like interest to broadly promote the development and use of the soybean complex.



At a meeting held in Asuncion, Paraguay, the organizations agreed to cooperate on resolution of trade barriers and restrictions when and where the interests of the organizations are amenable to joint efforts. For example, areas of common interest include issues such as unfair traceability and labeling regulations for food and commodities derived through biotechnology, or trade restrictions that may result from the application of new crop protection products used on soybeans.



Cesar Jure Yunis, President of the Paraguayan Chamber Of Cereal & Oilseeds Exporters and Claudia Ruser, President of the Paraguayan Soybean, Oilseeds and Cereals Producers Association, said their organizations are dedicated to promoting the oilseeds production, crushing and exporting industry in Paraguay, and the utilization of products for animal feed processed by its members. ASA, in cooperation with USB, continues to work in overseas markets to actively represent the interest of U.S. soybean producers and promote the use of soybeans and products that incorporate soy.



Source: Association Release