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SourceMex PDF file 1995 right arrow Jun

Mexico Authorizes Duty-Free Imports of U.S. Corn Under NAFTA Terms

LADB Article ID: 56072
Category/Department: Mexico
Date: 1995-06-07
By: LADB Staff

During the first half of this year, the Trade Secretariat (Secofi) authorized duty-free imports of 1.67 million metric tons of US corn to supplement domestic supplies, which are expected to tighten due to a small decline in domestic production. In a statement issued at the end of May, Secofi said the US corn imports are intended primarily for industrial users (such as manufacturers of corn starch and corn meal) and livestock breeders, who would normally have to pay higher prices due to a slight reduction in domestic production and tight supplies in Mexico this year.

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