Foreign Market Development Program - definition. What is Foreign Market Development Program
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Foreign Market Development Program         
The Foreign Market Development Cooperator Program (FMDP or Cooperator Program) is one of the agricultural export promotion programs operated by the United States Department of Agriculture (USDA) Foreign Agricultural Service. This program is a joint government-agri-industry effort to develop markets by acquainting potential foreign customers with U.
Foreign Market Development Program         
FMD (also known as the Cooperator Program) is one of several Department of Agriculture (USDA) programs designed to encourage development, maintenance and expansion of commercial export markets for U.S. agricultural commodities and products. Under FMD, USDA considers proposals with preference given to activities promising early results and lasting benefits in commercial export markets. Funds may be used for trade servicing, consumer promotion, market research, and to provide technical assistance to actual or potential foreign purchasers. While agreements under the Cooperator Program may extend from one to five years, types of activities and amounts of funds are annually negotiated between the Foreign Agricultural Service (FAS) and participants (cooperators) and authorized in annual marketing plans. The marketing plans must set forth the objectives and describe the specific project in detail. The amount of funding provided by FAS varies, dependent upon circumstances and whether the activities are characterized as generic or market promotion.
Cooperator Program