Mexico’s Agriculture Sector Keenly Eyeing China
5 September 2017 China is key to Mexico’s plan to diversify its agricultural export markets beyond North America, the president of the National Agricultural Council (CNA), Bosco de la Vega, according to an article Xinhuanet.com.
De la Vega spoke with reporters in Mexico City, on the sidelines of the second round of negotiations to update the North American Free Trade Agreement (NAFTA).
Whether the three-way talks between Mexico, Canada and the United States will be successful remains to be seen, but U.S. insistence the 1994 trade deal be revised has made Mexico realize it cannot rely solely on its NAFTA partners.
“China plays a very important role. As far as the CNA is concerned, yes, we want to conquer China’s market, while at the same time strengthening NAFTA,” said De la Vega.
U.S. President Donald Trump’s mission to modify NAFTA to better suit U.S. industry has sent Mexico scrambling to diversify its export markets.
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