The USDA and the European Union (E.U.) have agreed to a new partnership, opening their doors to one another's organic products. The two powerhouses are the largest organic food producers in the world. U.S. Deputy Agriculture Secretary Kathleen Merrigan is calling the development "a win" for the American economy.
"This partnership connects organic farmers and companies on both sides of the Atlantic with a wide range of new market opportunities," Merrigan said in the USDA's press release.
E.U. Commissioner Dacian Ciolos says the agreement will bolster competition in the organic food business because farmers and food producers will have easier access and fewer costs when they attempt to penetrate foreign markets. Previously, selling in both markets required separate certification processes, amounting to a lot of red tape
The U.S. and E.U. organic sector together is valued at more than $50 billion.
See the full USDA press release here to learn more about the new partnership.