Mexico: Shrimp and tuna, the reasons for not signing an agreement with Ecuador

Published 2023년 11월 16일

Tridge summary

The Mexican president, Andrés Manuel López Obrador, announced that his government will not sign the trade agreement it was negotiating with Ecuador due to Ecuador's insistence on including shrimp and tuna in the negotiation. The inclusion of these products would have negatively impacted the Mexican fishing industry. However, Ecuador's Minister of Industry and Foreign Trade clarified that Mexico has not officially communicated its decision to Ecuador, and the agreement is still considered an "open" process.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

It was a negotiation that was believed to be blocked and paralyzed, but not officially closed. This was until yesterday, when the president of Mexico, Andrés Manuel López Obrador, spoke for the first time and publicly about his government's decision to "not sign" the trade agreement it was negotiating with Ecuador, due to Ecuador's intention to include in the negotiation of products such as shrimp and tuna, two sensitive offers that would have affected the Mexican industry. His statements on the subject were made in a press conference offered from Culiacán, Sinaloa, the area where there was precisely opposition to including this type of fishing in the signing of this agreement, which for Ecuador was a key requirement to enter the Pacific Alliance, which includes Mexico, Chile, Peru and Colombia. YOU MAY BE INTERESTED (López Obrador: Agreement will be signed with Ecuador, but without bananas and shrimp) "Also good news is that we did not sign the trade agreement with Ecuador, ...
Source: Expreso

Would you like more in-depth insights?

Gain access to detailed market analysis tailored to your business needs.
By clicking “Accept Cookies,” I agree to provide cookies for statistical and personalized preference purposes. To learn more about our cookies, please read our Privacy Policy.