News

USA: Mexico's latest GM corn decree avoids the need for a trade panel

Maize (Corn)
Mexico
United States
Published May 31, 2023

Tridge summary

The US threat of taking Mexico to a dispute settlement panel under a regional trade deal over the country's plan to limit use of genetically modified (GM) corn is no longer a worry, Reuters reported, citing Mexico's agriculture minister on Tuesday. Mexico and the US have been at loggerheads over GM corn since the government of President Andres Manuel Lopez Obrador published a decree in late 2020 that appeared to ban all GM corn imports, a multibillion-dollar trade between the two counties.

Original content

The US threat of taking Mexico to a dispute settlement panel under a regional trade deal over the country's plan to limit use of genetically modified (GM) corn is no longer a worry, Reuters reported, citing Mexico's agriculture minister on Tuesday. Mexico and the US have been at loggerheads over GM corn since the government of President Andres Manuel Lopez Obrador published a decree in late 2020 that appeared to ban all GM corn imports, a multibillion-dollar trade between the two counties. In February, Mexico published a new decree softening its stance. It still bans GM corn for human consumption but permits GM yellow corn for livestock feed, which makes up most of what Mexico imports from the US. Afterwards, the US still requested technical consultations on GM corn and other biotech products with Mexico under the United States-Mexico-Canada Agreement (USMCA) deal, arguing Mexico's stance put at risk billions of dollars of trade. Mexico has said its plans are in compliance with ...
Source: Thepigsite
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