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MEXICO MAY JOIN CANADA, OTHER COUNTRIES IN FILING COMPLAINT AGAINST U.S. ABOUT CORN SUBSIDIES.
SourceMex Economic News & Analysis on Mexico, March, 2007
Mexico is considering joining Canada and several other countries in filing a complaint against the US for providing unfair subsidies to corn producers. The complaint, to be lodged with the World Trade Organization (WTO), could be accompanied by a similar complaint regarding US rice subsidies. The WTO complaints would come as the US Congress is about to begin debate on the farm bill, which sets US agricultural policies for the next five years. Mexico?s proposed actions would also come just before a clause in the North American Free Trade Agreement (NAFTA) goes into effect, fully opening the Mexican market to imports of US corn, beans, powdered milk, and sugar.
Canada has taken the lead in drafting the possible WTO complaint against US corn subsidies, but a...
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