BIO Urges Biden Administration to Work Alongside President of Mexico to Resolve Ongoing Trade Disputes Under the USMCA
The Biotechnology Innovation Organization (BIO) released the following statement in response to a bipartisan letter signed by 21 members of the U.S. House of Representatives. Led by Reps. Randy Feenstra (R-IA) and Dan Kildee (D-MI), the letter urged the Biden Administration to work alongside Mexican President Claudia Sheinbaum to address ongoing trade disputes between both nations – in particular, Mexico’s ban on genetically modified (GM) corn imports:
“For decades, rules- and science-based free trade agreements have served both the United States and Mexico well—helping advance innovative biotechnologies that meet the needs of a growing world while relying on less land and water than ever before. At a time when Mexico faces a historic drought and relies on a record number of imports of U.S. agricultural commodities to meet its population’s growing demand, the role of biotechnology in agriculture has never been more critical. BIO urges both governments to work in concert to resolve this trade dispute as soon as possible for the sake of future biotechnological innovation and the health of both nations.”