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EXPORT ENHANCEMENT PROGRAM (EEP)

Statistics Directorate    
French Equivalent: Programme d’encouragement á l’exportation (EEP)

Definition:
The Export Enhancement Program (EEP) is a US programme initiated in May 1985 under a Commodity Credit Corporation charter to subsidise the export of certain products to specified countries.

Context:
The programme was formally authorised by the Food Security Act of 1985 and has been extended since under the Farm Act of 1990 and the FAIR Act of 1996.

Under the EEP, exporters are awarded generic commodity certificates which are redeemable for commodities held in CCC stores, thus enabling them to sell commodities to designated countries at prices below those on the US market.

Source Publication:
OECD Agricultural Outlook: 2001-2006, OECD, 2001, Annex II – Glossary of Terms.

Statistical Theme: Agriculture and fisheries statistics - Agricultural policy indicators

Created on Tuesday, September 25, 2001

Last updated on Wednesday, March 05, 2003