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International Trade: Implementation of 1985 Food Security Act Barter Provisions

机译:国际贸易:1985年“粮食安全法”易货条款的实施

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The report investigates the failure of the Department of Agriculture (Agriculture) to implement the pilot barter program as required by Section 1129 of the Food Security Act of 1985. The pilot barter program requires Agriculture to complete by September 30, 1987, barter agreements with at least two countries to trade surplus agricultural commodities for 'strategic or other materials---for which national stockpile or reserve goals established by the law are unmet...' Until recently, the Administration gave little priority to this requirement of the Food Security Act of 1985. In recent months, it has given more attention to this provision. The Administration is developing a barter arrangement to trade surplus agricultural commodities for petroleum for the Strategic Petroleum Reserve (SPR). While it is possible to enter into barter agreements with two countries by the end of fiscal year 1987, remaining obstacles and necessary work will make it difficult to meet the statutory deadline.

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