FORT MITCHELL, Ky. — Northern Kentucky International Trade & Affairs will host a special session in partnership with the Japan America Society of Greater Cincinnati (JASGC) on the recently finalized USA-Japan Trade Agreement Nov. 19 at New Riff Distilling (24 Distillery Way, Newport, Ky.).
The U.S. and Japan reached an agreement earlier this year on market access for certain agricultural and industrial goods, as well as on digital trade. The agreement includes Japan eliminating or lowering tariffs for certain U.S. agricultural products, provides for limited use of safeguards by Japan for surges in imports of beef, pork, why, oranges, and racehorses, and the U.S. providing tariff elimination or reduction on 42 tariff lines for agricultural imports from Japan valued at $40 million in 2018.
Attendees will hear presentations pertaining to the agreement and its potential impact on day-to-day business operations and the Commonwealth of Kentucky. Presenters include Joe Dehner and Emily Tanji from Frost Brown Todd and Tim Hughes from the Office of the Commissioner for the Kentucky Department of Agriculture.
“This session is important for all businesses in the region, especially those who rely on agricultural and industrial goods, to stay up-to-date on the new agreement,” said Debby Shipp, vice president of Business Growth and International Trade at the Northern Kentucky Chamber of Commerce (NKY Chamber).
USA-Japan Trade Agreement will start at 3:30 p.m. with check-in, continue with presentations, and end at 5:15 p.m. when attendees will have the opportunity to tour the distillery for $10 per person. Registration is $25 for NKY Chamber Members and JASGC and $35 for future NKY Chamber Members, distillery tour not included. Registration includes one free drink ticket and is available online at www.nkychamber.com/events.
Sponsors for this event include Delta, Foreign Trade Zones, New Riff Distilling, and the Japan America Society of Greater Cincinnati.