The North American Free Trade Agreement (NAFTA) has benefited both U.S. and Mexican agriculture, and Mexico is optimistic about the prospects of modernizing the trade agreement, according to Mexican Ambassador Gerónimo Gutiérrez, who spoke to corn farmers at the National Corn Growers Association’s semiannual meeting. “Our agricultural trade through NAFTA has been a success for all parties,” he said. “The challenge is that none of us should stay in our comfort zone. If we want to achieve a win-win trade modernization, we must keep active. There is no guaranteed outcome.”
Ambassador Gutiérrez expressed a strong desire to continue strengthening agricultural trade between the U.S. and Mexico, but he also acknowledged that Mexico must keep its options open and is looking to other markets to secure his nation’s grain supply.
In mid July, the Trump Administration released its NAFTA negotiating objectives ahead of modernization talks, which are scheduled to begin later this summer.
