LatinNews Regional Monitor: Mexico - 7 June 2017

* The Mexican and US governments have announced that they have reached an agreement in principle over Mexican sugar exports to the US. Speaking at a joint press conference in Washington DC, US Commerce Secretary Wilbur Ross and Mexico’s economy minister, Ildefonso Guajardo, announced that the two sides had reached an agreement under which the exports of Mexican sugar to the US are to resume following their suspension in March, after the adoption of new US import quotas. Ross and Guajardo said that full approval of the deal was now contingent on it receiving the backing of US sugar manufacturers, who complained that Mexican sugar imports were undercutting them.

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