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The Mexican government is seeking dialogue with the Chinese government to discuss the subsidy issue of the Chinese textile industry. Mexican Economy Minister Bruno Ferrari said that China’s subsidies affect Mexico’s domestic industry.
He stated at the 36th National Assembly of the National Garment Industry hosted by the National Chamber of Garment Industry that Chinese textile industry subsidies have caused damage to Mexican trade. Therefore, the Mexican government seeks dialogue with China on this issue.
He also said that the government is seeking support from other countries on the dialogue between Mexico and China.
The official said that it is difficult for Mexico to compete when other countries' products enter Mexico at a lower price than domestic prices.
Although the number of Chinese goods entering Mexico has not risen, China has provided subsidies for the textile industry and the Mexican government has demanded fair trade in accordance with the international practices of the WTO.
The official said that the garment industry is very important to the Mexican economy because the garment industry is the main income sector and creates job opportunities.
Since 2008, the Mexican textile and garment industry has created 28,000 new jobs.