CDMX.- The GUS government threatened to go to a formal mechanism of settlement of disputes under the USMCA considering that the measures of Mexico on the subject are insufficient.
“These changes are not enough and the approach proposed by Mexico, which is not based on science, still threatens to disrupt billions of dollars in bilateral agricultural trade,” the US government said.
“We made it clear today that if this issue is not resolved, we will consider all options, including taking formal steps to enforce our rights under USMCA.”
The Government of Mexico delivered on December 16 a proposal for amendments to the presidential decree in which it mentions extending the transition period for the ban on the import of yellow corn from the US, starting in 2024 and not 2023 as intended, and exclude the measure for animal fodder.
Doug McKalip, chief agricultural negotiator of the Office of the United States Trade Representative (USTR), and Alexis Taylor, undersecretary of Commerce and Foreign Agricultural Affairs, met this Monday with Alejandro Encinas Nájera, undersecretary of Foreign Trade of the Ministry of Economy (SE), and other officials of the Country to address the decree of the Mexican Executive.
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Yesterday, the head of the SE, Raquel Buenrostro, met with Canadian companies from the energy sector to follow up on the January 18 agreements with the Executive. They will meet again at the end of next month.