Mexico Releases NAFTA Goals

DanIndustry News Release

naftaMexico says it plans to prioritize free access for goods and services in the upcoming North American Free Trade Agreement (NAFTA) Negotiations. Mexico this week announced the nation’s goals for the renegotiation effort, set to begin August 16th. Mexico is also seeking greater labor market integration and a strengthening of energy security, according to Reuters. Additionally, Mexico is looking to unify agricultural, animal and health safety regulations. A document from the economy ministry of Mexico, which outlines the goals, states: “Our objective is to have an expedited negotiation that maintains the benefits that we have achieved during the lifespan of NAFTA,” but also says the renegotiation should serve as a platform for modernization. Those comments are similar to goals expressed by the U.S. agriculture industry. Mexico and Canada, the two trading partners included in NAFTA with the U.S., are the biggest export destinations for U.S. agricultural goods.

From the National Association of Farm Broadcasting News Service.