Saturday, October 6, 2012

Fwd: Mexico

'Mexico's government expressed concern that the US may cancel a 16-year-old agreement setting the price for its tomato exports, saying it will urge Washington not to opt for protectionist measures…


The existing bilateral pact is known as a "suspension agreement" because the Commerce Department in 1996 halted an anti-dumping investigation against Mexico and negotiated a minimum price for imports of Mexican tomatoes.


The US imported $8.5 billion worth of farm products from Mexico last year, more than from any other nation. Tomatoes accounted for nearly a quarter of the total.'


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