Monday, June 19, 2006

Mexico’s Lopez Obrador to Defy NAFTA




Andres Manuel Lopez Obrador, the left-wing contender in Mexico’s July presidential elections, said he will ignore parts of the North American Free Trade Agreement, which call for the abolition of agricultural tariffs by 2008. He said Mexican farmers could not compete on even terms against U.S. corn and beans and the effects on the countryside would be disastrous. He also proposed a set of price guarantees, subsidies and cheap credits. Lopez Obrador is running neck and neck in the polls with conservative candidate Felipe Calderon.


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