The trade relations between Mexico, the United States, and Canada, which account for an annual transaction volume of 776 thousand 754 million dollars, face potential challenges due to the possibility of an extension of the "diplomatic pause" as announced by the President of Mexico, Andrés Manuel López Obrador. This development could have adverse effects on regions like Sinaloa, which are heavily reliant on exporting agricultural products to these northern neighbors. Mexico's exports are predominantly directed towards the United States, comprising 80% of its total exports, while its imports from the United States constitute 45%.
Cesar Enrique Galaviz Lugo, the president of the Association of Farmers from the South Fort River (AARFS), voiced his concerns regarding the potential impact on the agricultural sector. "They are topics political The times we are living in are very complicated and this is proof of it, in which it seems that decisions continue to be made against the talks that we have, both with the United States and with Canada, talking about the T-MEC and with the rest of the world. We have to think carefully about these internal decisions as a country, which will affect the Mexicans; "We are in serious trouble," he stated.
Lugo emphasized the importance of careful decision-making to avoid negatively impacting millions of Mexicans and stressed the significance of maintaining strong commercial ties with neighboring countries. He urged the Mexican president to consider the repercussions of reforms, particularly on the agricultural sector, highlighting that Sinaloa's economy is almost entirely dependent on agriculture, and any disruption in trade with the United States could have catastrophic effects on the region.
Amid these concerns, the AARFS has initiated its Agroconferences 2024, an eight-day event featuring 16 conferences focused on critical issues facing the agricultural sector, such as climate change, high-efficiency gravity irrigation techniques, and adapting to the challenges in farming. The conference aims to provide farmers, agricultural engineers, and sector professionals with the tools needed to navigate the current uncertainties and ensure their operations remain profitable.
Source: Blueberriesconsulting