- Title: U.S., Mexico closer to sugar trade deal - Mexican economy minister
- Date: 1st June 2017
- Summary: MEXICO CITY, MEXICO (JUNE 1, 2017) (REUTERS) ***WARNING CONTAINS FLASH PHOTOGRAPHY*** MEXICAN ECONOMY MINISTER, ILDEFONSO GUAJARDO ARRIVING FOR "ABA - ANTITRUST IN AMERICAS" CONFERENCE GENERAL VIEW OF GUAJARDO SITTING WITH PANEL BEFORE CONFERENCE SIGN READING: "ANTITRUST IN AMERICAS, MEXICO CITY, JUNE 1-2, 2017 GUAJARDO REVIEWING NOTES AS HE SITS WITH PANEL AUDIENCE MEMBER LOOKING AT COMPUTER SCREEN GENERAL VIEW OF GUAJARDO SITTING WITH PANEL PANEL PARTICIPANTS LISTENING (SOUNDBITE) (Spanish) MEXICAN ECONOMY MINISTER, ILDEFONSO GUAJARDO, SAYING: "The United States considers that it will remain a member of the international trade community, but from today forward, it will not accept commercial deficits of the magnitude they are today and that it will use with force its instruments of combat for unfair competition to ensure that trade be fair. I don't know about you but "if it walks like a duck, quacks like a duck and has the feathers of a duck, it is a duck." For me, that is a dangerous return toward protectionism." AUDIENCE APPLAUDING GUAJARDO LEAVING EVENT AND GREETING MEDIA (SOUNDBITE) (Spanish) MEXICAN ECONOMY MINISTER, ILDEFONSO GUAJARDO, SAYING: "The dialogue continues. No one can guarantee that we will have an accord in hand. We have worked a lot to have it. We have brought positions nearer. But still we cannot say that we have it and it is very important to make clear that this negotiation continues thanks to the fact that no one has taken extreme positions of putting ultimatums on the table."
- Embargoed: 15th June 2017 18:00
- Keywords: Ildefonso Guajardo United States sugar trade dispute
- Location: MEXICO CITY AND ZACATEPEC, MORELOS STATE, MEXICO
- City: MEXICO CITY AND ZACATEPEC, MORELOS STATE, MEXICO
- Country: Mexico
- Topics: Government/Politics
- Reuters ID: LVA0016JG6VCZ
- Aspect Ratio: 16:9
- Story Text: Negotiations aimed at reaching an agreement over a prolonged sugar trade dispute between the United States and Mexico are continuing as a deadline approaches, Mexico's Economy Minister Ildefonso Guajardo said on Thursday (June 1).
Guajardo told reporters at an event in Mexico City that U.S. and Mexican negotiators have moved closer, but he added that he could not guarantee a new agreement.
Last month, the Mexican and U.S. governments agreed to extend the deadline for negotiations over sugar to June 5.
The U.S. sugar industry pressed the U.S. Commerce Department late last year to withdraw from a 2014 trade agreement that sets prices and quota for U.S. imports of Mexican sugar unless the deal could be renegotiated.
The latest twist in the sugar dispute between Mexico and the United States comes as ties between the two nations have frayed under U.S. President Donald Trump, who took office in January.
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