Pork industry demands better regulations for sector

by 5m Editor
29 October 2003, at 12:00am

MEXICO - Mexican pork farmers have warned about an increase in sales of products derived from pork and turkey over the coming weeks due to the end-of-the-year season because importers' stocks are at maximum levels after they took advantage to import products at low prices.

Carlos Ramayo, president of the Mexican Council of Pork Farmers, asked the Economy Secretariat to hurry up and apply a compensatory quota for live pig imports and related products.

Ramayo also said he was confident that negotiations with Japan over the free trade agreement would conclude successfully because trade between both countries has improved enormously over the last 20 years, even though the pork sector is one of the sticking points.

He also said that the sector is waiting for resolution of the dumping accusations against import from the United States because "we continue to be affected by large imports and the compensatory quota is to show that there is damage to domestic production and we continue facing the consequences."

This abstract is provided by Internet Securities, Inc. as a service to its customers. Internet Securities, Inc. makes no representation or warranty regarding the accuracy or content of the translation.

Source: El Universal/Corporate Mexico by Internet Securities, Inc. via COMTEX - 28th October 2003

5m Editor