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News Around the Republic of Mexico | January 2008
Mexico Says Farmers Won't Be Harmed by U.S. Imports Andres R. Martinez - Bloomberg go to original
Mexico said its farmers are ready to face competition from U.S. producers of corn, beans, sugar and milk when the markets open up to imports as part of the North American Free Trade Agreement.
The Mexican government has reduced duties on the four commodities by 90 percent since NAFTA was signed 15 years ago, softening the impact of U.S. commodities entering the Mexican market, Mexico's Agriculture Ministry said today in an email.
Mexican farmers and their supporters will protest the opening of the markets tomorrow all over the country, including shutting down a bridge between El Paso, Texas, and Ciudad Juarez, said Enrique Perez, spokesman for the National Association of Commercial Field Producers.
Agricultural exports have grown by more than 10 percent every year since 1994, a sign that NAFTA has helped and not harmed farmers, the ministry said in the statement.
To contact the reporter on this story: Andres R. Martinez in Mexico City at amartinez28(at)bloomberg.net. |
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