### Question
How does the law define emerging market?


### Answer
Under *7 U.S.C. § 5623*, **emerging market** is defined as:

> any country, foreign territory, customs union, or other economic market that the Secretary determines—


(A) is taking steps toward a market-oriented economy through the food, agriculture, or rural business sectors of its economy

#### Citation:
  - *7 U.S.C. § 5623*
  - Heading: **CHAPTER 87-EXPORT PROMOTION > SUBCHAPTER II-AGRICULTURAL EXPORT PROGRAMS > Part A-Programs**

