Definition of Export Enhancement Program (EEP)

0-9
a
b
c
d
e
f
g
h
i
j
k
l
m
n
o
p
q
r
s
t
u
v
w
y
z

search

TeachMeFinance.com - explain Export Enhancement Program (EEP)



Export Enhancement Program (EEP)

The term 'Export Enhancement Program (EEP) ' as it applies to the area of agriculture can be defined as ' A program that USDA initiated in May 1985 under the CCC Charter Act to help U.S. exporters meet competitorsí subsidized prices in targeted markets. The program was later authorized by the Food Security Act of 1985; the FACT Act of 1990; the Uruguay Round Agreements Act; and the FAIR Act of 1996. Under the EEP, exporters are awarded cash payments, which enable an exporter to sell certain commodities to specified countries at competitive prices. The FAIR Act of 1996 caps EEP program levels annually through 2002 and allows USDA, under certain conditions, to target up to $100 million annually for the sale of intermediate-value products'.

Previous 5 Terms:
exponential growth
Export Administration Act (EAA) of 1979
Export allocations or quotas
Export Credit Guarantee Programs (GSM-102-103)
Export credit revolving fund
Next 5 Terms:
Export Incentive Program (EIP)
Export licenses
Export PIK
Export subsidy
Exports




About the author

Mark McCracken

Author: Mark McCracken is a corporate trainer and author living in Higashi Osaka, Japan. He is the author of thousands of online articles as well as the Business English textbook, "25 Business Skills in English".


Copyright © 2005-2011 by Mark McCracken, All Rights Reserved. TeachMeFinance.com is an informational website, and should not be used as a substitute for professional medical, legal or financial advice. Information presented at TeachMeFinance.com is provided on an "AS-IS" basis. Please read the disclaimer for details.