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MEXICO: THERE ARE STILL NO AGREEMENTS FOR ECUADORIAN SHRIMP AND BANANAS FOR A TRADE AGREEMENT
Mexico: There are still no agreements for Ecuadorian shrimp and bananas for a trade agreement, according to López Obrador
The Mexican president’s statements come a day after Guillermo Lasso mentioned that the negotiations are 99% complete.
The president of Mexico, Andrés Manuel López Obrador, acknowledged this Tuesday, July 19, 2022, that his government has not yet reached agreements with Ecuador on shrimp and bananas in the free trade agreement that both countries are negotiating.
“A trade agreement is being signed with Ecuador. However, no agreement has been reached regarding shrimp and bananas,” the president said during his morning press conference at the National Palace.
The statements of the Mexican president come a day after the Ecuadorian president, Guillermo Lasso, indicated in an interview with the media outlet Bloomberg Line that there is a 99% progress in the negotiations.
López Obrador affirmed that he has a very good relationship with the Ecuadorian president, Guillermo Lasso, who has requested that the Mexican market be opened to these two products that are key for Ecuador.
However, he specified that Mexico is attending to what producers from states such as Sinaloa, Chiapas and Tabasco raise.
Since the end of May, Mexico and Ecuador have held negotiations to finalize a trade agreement for these two products, with the aim of Ecuadorians becoming full members of the Pacific Alliance, one of the world’s main economic blocs.
The Mexican president pointed out that the agreement is pending and is being reviewed by the Ministry of the Economy in Mexico, but he stated that they are supporting Mexican producers “and one way to support them is that, that the market be protected.”
He added that his government must “take care of the country’s productive sectors.”
“You cannot bet on an indiscriminate and unlimited opening as it was before, we have to protect certain sectors that are fundamental and strategic as they do throughout the world, all countries,” he indicated.
For the Lasso government, finalizing a trade agreement with Mexico is a priority, since it is the missing requirement to become a full member of the Pacific Alliance, the regional integration mechanism made up of Chile, Colombia, Mexico and Peru, which which would also facilitate trade with the Asia-Pacific.
However, in this impasse, the Ecuadorian fishing sector has raised its voice against the trade agreement with Mexico, feeling harmed by the conditions set forth.
In addition, the National Chamber of Fisheries of Ecuador considers it a “setback” that the agreement only contemplates exporting fish of closed origin and not of flexible origin to Mexico.
While the Association of Tuna Fisheries of Ecuador (Atunec) and the Ecuadorian Chamber of Industrialists and Processors of Tuna (Ceipa) have asked Lasso to withdraw fishing from the treaty, considering that Mexico is requesting “an annex that is unacceptable, harmful and even ominous to the interests of the tuna sector”.
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