December 26, 2024 | 09:26 GMT +7
December 26, 2024 | 09:26 GMT +7
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The United States has prevailed in a trade dispute with Mexico under the United States-Mexico-Canada Agreement, or USMCA. U.S. Trade Representative Katherine Tai announced that a dispute resolution panel ruled in favor of the U.S. on all seven legal claims regarding Mexico’s measures on genetically engineered corn imports.
The panel determined that Mexico’s restrictions on GMO corn were not supported by sound science and did not align with the market access provisions outlined in the USMCA.
Agriculture Secretary Tom Vilsack says the decision highlights the importance of science-based regulatory systems in agricultural trade.
Under the terms of the trade agreement, Mexico has 45 days from December 20th to comply with the panel’s findings. USTR Chief Agricultural Negotiator Doug McKalip says the ruling emphasizes that agricultural trade policies should be grounded in science and avoid unnecessary disruptions to trade.
And while we’re not exactly in the Corn Belt, this decision could have significant implications for agricultural exports and trade relations between the two countries.
aginfo
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