Mexico’s proposed ban on genetically modified (GM) corn imports could impact other areas of trade with the United States, including the large sugar and corn syrup exchange, according to an independent report released on Thursday.
REUTERSMexico’s proposed ban on genetically modified corn imports could impact other areas of trade with the United States, including the large sugar and corn syrup exchange, according to an independent report released on Thursday.
Mexico claims GM corn can hurt its ecosystem by killing some species, an allegation some scientists question. The country also wants to boost local, non-GM corn production. “This could lead to severe repercussions. The US could potentially ban the 1.35 million tons of imported Mexican sugar ,” analyst Adrian Torrebiarte said in the report.
“A ban by the US on Mexican sugar could lead to severe complications. The US could give more TRQ allocations to Brazil, the Dominican Republic, or Central American countries,” according to the report.
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