2023-06-09 21:37:00
Canada will join the trade dispute initiated by the United States over the restrictions imposed by Mexico on imports of genetically modified corn.
“Canada shares the US concern that Mexico’s measures are not scientifically supported and may unnecessarily disrupt trade in the North American market,” the ministers of Commerce, Mary Ngand Agriculture, Marie-Claude Bibeau.
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The role of Canada in the trade dispute between the United States and Mexico
The officials said that Canada will participate as a third party in dispute settlement consultations and will “continue to work with Mexico and the US to achieve an outcome that preserves trade predictability and market access for our growers and exporters.”
Last week, the US Trade Representative, Katherine Tairequested dispute resolution consultations with Mexico within the framework of the T-MEC.
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Mexico is the second largest market for US corn, which is used mainly for animal feed. US authorities have repeatedly criticized the ban on transgenic corn imposed by the Mexican government, calling it lacking in scientific rigor.
How the differences between the United States and Mexico will be settled
If dispute resolution consultations fail, the US might request the creation of a special dispute resolution group. That escalation might ultimately lead to more serious countermeasures, such as tariffs once morest Mexico.
Canada is not a large exporter of corn, but Bloomberg reported earlier this year that he is generally concerned that Mexico is imposing arbitrary bans on biotech-produced agriculture. The northern country is the world’s leading producer and exporter of canola, a genetically modified crop used in everything from stir-fries to salad dressings, and Mexico is one of the main buyers.
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