America’s corn claim is political, not commercial: Economics

The U.S. disagreement with Mexico over its plan to limit GM corn imports lacks a commercial basis and instead has a “political” motivationannounced Monday the Mexican Ministry of Economy.

The United States has said it may consider going to a trade dispute settlement panel under the North American Free Trade Agreement, TMEC, if it Unable to obtain a favorable resolution to the dispute over Mexico packagethat would ban genetically modified maize for human consumption.

The economy ministry said in a statement that Mexico’s position on GM corn is consistent with commitments made in the trade deal, which also includes Canada.

However, he added, if the United States wanted to take the dispute to a panel, “should demonstrate quantitatively, i.e. put in numbers, something that did not happen: that the corn decree commercially affects its imports”.

In its statement, the federal agency reports that on February 24, Economy Secretary Raquel Buenrostro and United States Trade Representative (USTR) Ambassador Katherine Tai held a virtual meeting on this issue.

Buenrostro pointed out that the new decree issued by President López Obrador clarifies the scope of public policy.

He pointed out that Mexico is the center of origin of maize and that this instrument aims to guarantee biodiversity and preserve the 64 native maize races.

Alvin Nguyen

"Amateur introvert. Pop culture trailblazer. Incurable bacon aficionado."

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