LatinNews Daily - 08 December 2022

In brief: Mexico offers new GM corn ban deadline

*Mexico’s economy minister, Raquel Buenrostro, has been cited by the local and international media as saying that Mexico has offered to extend a deadline to ban imports of genetically modified yellow corn until 2025 as per a presidential decree. President Andrés Manuel López Obrador’s plan to stop the imports by January 2024 has caused much concern in the US in recent weeks. In a strongly worded statement at the end of last month, US Agriculture Secretary Tom Vilsack said that the proposal would have a “significant impact on the US-Mexico trade relationship” and warned that the US government would take legal action under the US-Mexico-Canada Agreement (USMCA) on regional trade if no solution was reached. However, yesterday Buenrostro was cited by reporters at a news conference as saying that Mexico is drafting a proposal to modify and clarify the presidential decree and that a meeting with US officials to discuss this could take place on 16 December.

End of preview - This article contains approximately 158 words.

Subscribers: Log in now to read the full article

Not a Subscriber?

Choose from one of the following options

Intelligence Research Ltd.
167-169 Great Portland Street,
5th floor,
London, W1W 5PF - UK
Phone : +44 (0) 203 695 2790
You may contact us via our online contact form
Copyright © 2022 Intelligence Research Ltd. All rights reserved.