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Friday, September 05, 2008

NAFTA Renegotiation Has Ag, Energy Implications.

FarmWeek, September 5, 2008 - “Renegotiation of the North American Free Trade Agreement (NAFTA) could put U.S. producers in a detrimental position, from a farm cost as well as an export standpoint. So says American Farm Bureau Federation trade economist Allison Specht, who is concerned about a request from a group of Mexican senators that their government renegotiate the agreement purportedly to guarantee sustainable rural development south of the border. If the U.S. refuses to review the nearly 15-year-old agreement, the group warns Mexico may file a World Trade Organization complaint against U.S. ag subsidies.” Read more.

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