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Mexican sugar industry anxious ahead NAFTA opening
Tagged: border, Mexico, NAFTAPosted on: December 11th, 2007
Three weeks before the United States and Mexico lift the last barriers to trade in sweeteners, sugar mill owners and cane farmers south of the border are worried they are in poor shape to compete.
Mexican sugar growers had hoped tariff-free trade would catapult them into the world’s largest sweetener market. But Mexico’s high production costs and lack of investment may keep champagne corks from popping in January, which ends 15 years of protective measures for sugar and corn under the North American Free Trade Agreement (NAFTA), which took effect in 1994.”*
Curation from Tomás
Filed Under: 1. Hispanic News, Business, Business News, Politics
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