Friday, January 27, 2023

Marcelo Ebrard will visit the US to find a solution on corn imports

Mexico City, December 13 ( Associated Press).— Foreign Secretary ,sre, Marcelo Ebrardannounced on Monday that he would travel Washington DC aimed at resolving a dispute over US corn imports ahead of the president’s visit on Friday Joe Biden Scheduled for next month for the Mexican region.

Ebrard said he would travel to the US capital with other Mexican officials to try to find common ground on genetically modified maize and other issues.


-Announcement-

representatives of Canada, Mexico why America have a meeting in Mexico City On 9 January.

Mexico sparked controversy when it announced plans to ban imports of GM corn for human consumption and perhaps also for animal feed.

Mexico based its decision on health concerns, but such a trade ban would violate a free trade agreement between Mexico, the United States, and Canada. Mexico has been importing GM corn worth about $3 billion a year from the US for years and is the largest export market for US corn.


-Announcement-

Mexican officials hope to avoid a lawsuit over the issue within the treaty mechanism, as well as a separate dispute regarding the Mexican energy sector.

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The United States says Mexico is unfairly favoring its state-owned oil and power companies over American competitors and clean energy providers. Canada has also joined this complaint.

The United States initially requested the meetings in July, but so far they have not delivered a solution. The United States could seek an arbitration panel, and the dispute could end in trade sanctions against Mexico.

Nation World News Desk
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