Mexican, U.S. negotiators to resume sugar trade talks in Washington

3/28/2017 Reuters

Sugar
Flickr/Coralie Ferreira

Mexican and U.S. trade representatives will resume talks in Washington aimed at resolving a sugar dispute between the two neighbors, Mexico’s top trade official said on Tuesday.

The talks focus on the late 2014 sugar accord regulating Mexican access to the U.S. market and come as ties between the two countries have frayed under U.S. President Donald Trump, who has pledged to overhaul the North American Free Trade Agreement.

Mexican Economy Minister Ildefonso Guajardo and his counterpart, U.S. Commerce Secretary Wilbur Ross, recently announced that sugar talks would resume, but did not set a date.

“The dialogue will continue this week among technical teams from (Mexico’s) economy ministry and Wilber Ross’ team,” Guajardo told reporters.

Quotas on Mexican sugar exports are set under the 2014 agreement that has become a source of tension between the two countries. The deal ended a year-long investigation by the U.S. government after U.S. farmers and sugar companies said Mexican millers were flooding the market with cheap, subsidized sugar.

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