MEXICO CITY, Oct 18, 2002 (Reforma/Corporate Mexico by Internet Securities, Inc. via COMTEX) -- In eight years under the North American Free Trade Agreement (Nafta), the domestic cattle industry has lost 1 million jobs, 60% of its capital and 40% of its inventory of live calves. Juan Barrio Aguirre, president of the Mexican Association of Cattle Feedlots (AMEG), warned that the same fate awaits the poultry and pork industries once tariffs on these products are lifted in 2003. Barrio said that imports have replaced 40% to 45% of domestic production. He added that in 1993, more than 1,200 cattle feedlots existed in Mexico, but that number has fallen to some 630 under Nafta.
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