U.S. programmes established in 1985, which allows exporters to receive a subsidy to sell US products to foreign customers at world market prices. The US Department of Agriculture subsidises the difference in the world price and the higher domestic price -–which exporters have to pay for the product – in the form of commodities from the Commodities Credit Corporation inventory or cash. The programme is targeted to countries benefiting from the subsidised imports from non-US exports.
A system of agricultural export subsidies maintained by the United States. The EEP, which is linked to stock disposal policies, is partial and discretionary in nature. Payments are not automatically accorded to all exports of a given commodity or to all commodities, and payment rates may vary widely from sale to sale. Congress restored $1 billion in EEP export subsidies in mid- 1992 as a result of failure to conclude a Uruguay Round agreement covering foreign agricultural trade practices.
A program to help U. S. exporters meet competitors' prices in subsidized markets. Under EEP, exporters are awarded generic certificates that are redeemable for CCC-owned commodities, enabling them to sell certain commodities to specified countries at prices below the U. S. market.
US agriculture subsidy program that subsidizes sale of US-produced agricultural products in the world market.
A program inaugurated in 1985 to offset subsidies offered by other countries. The program is extended to third-party countries that would otherwise buy from the subsidizing countries.