AFIA congratulates North American leaders for implementing modernised trade agreement
Image credit: AFIA
The American Feed Industry Association (AFIA) has joined organisations across the agriculture industry in commending North American leaders for ushering in and implementing the United States-Mexico-Canada Agreement (USMCA), which enters into force on 1st July.
'We are entering into a new era of trade with Canada and Mexico – one that allows US animal food producers to remain competitive, strengthens our regulatory engagement and commitments with our trading partners and lays the groundwork for innovation to meet the agriculture industry's future needs,' said AFIA President and CEO Constance Cullman, 'I commend our countries' national leaders, particularly the efforts of President Trump and his administration over the past three years, for making this much-needed agreement a reality.'
In an ever-increasing global economy, the United States' northern and southern neighbours have the largest impact on the animal food industry and on American agriculture. Mexico and Canada represent the country's largest and second largest export markets for feed, feed ingredients and pet food, respectively, totalling $3.3 billion today.
Since the North American Free Trade Agreement's (NAFTA) implementation, animal food exports to Canada and Mexico have nearly quadrupled, growing from $669 million in 1993 to $3.3 billion in 2019. While NAFTA was a linchpin in the success of the feed industry for the past quarter-century, the USMCA brings new labour provisions to protect US jobs and provides enforceable sanitary and phytosanitary obligations that build upon World Trade Organisation rights and obligations.
Visit the AFIA website, HERE.