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Mexican president defends NAFTA despite protests
Via NY Transfer News Collective * All the News that Doesn't Fit
sent by Milt Shapiro (mexnews)
Reuters - Jan 7, 2008
Mexican president defends NAFTA despite protests
Mexican President Felipe Calderon defended a regional trade deal on
Monday even as farm groups were mounting protests against an expected
flood of cheap U.S. agricultural goods since all tariffs ended
January 1.
At the start of the year Mexico lifted 14 years of protection for
corn, beans, milk and sugar under the North American Free Trade
Agreement (NAFTA) that took effect in 1994. The regional trade pact
groups Mexico, the United States and Canada.
The move will allow the United States, the world's biggest corn
producer, to sell more to the country that claims to have discovered
the grain.
Some Mexican farmers say competing against highly subsidized U.S.
goods could put thousands out of work on top of about 2 million
Mexican farm jobs lost over the last decade.
But Calderon said increased trade integration with the United States
and Canada was the only way to strengthen Mexico's economy.
"The free trade agreement, negotiated almost 15 years ago, has its
pros and cons, but overall it has benefited the country," Calderon
said in a speech.
He said that instead of loosing jobs, Mexican farmers could benefit
from the trade deal.
"There are more, and better-paid, jobs than in 1994 in the sectors
linked to the treaty," said Calderon.
"Countries in the region now buy almost five times as many Mexican
farm products than in 1994," said Calderon. "We are the second
largest providers of agricultural goods to the United States and the
third largest to Canada," he said.
But farmers complain they have not received enough support from the
government since NAFTA was signed and say they will continue protest
marches this month against the trade opening.
Congress last week urged the president to consider revising the
treaty to protect farmers.
*
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