No Need to Renegotiate NAFTA

U.S. and Mexican officials agree that new rules for sugar trade are not necessary.

Published on: Jan 23, 2008

During a recent visit to Mexico to celebrate full implementation of the North American Free Trade Agreement, USDA Undersecretary for Farm and Foreign Agricultural Services Mark Keenum and the U.S. delegation discussed the sugar trade with Mexican counterparts. A main topic of conversation was word that U.S. and Mexican sugar industry officials considering a proposed managed trade agreement that would require the governments to set new trade rules.

"We both agreed that we don't need to get into renegotiating NAFTA," Keenum says.

Since NAFTA was implemented in 1993, Keenum says there have been many trade successes among participating nations and success will outweigh the need for these type of managed trade agreements.