WASHINGTON Feb 2 The U.S. government and
Mexican tomato growers reached a tentative agreement on Saturday
that reduces the threat of a costly trade war stemming from a
U.S. decision last year to pull out of a 1996 bilateral tomato
"I am pleased that we were able to come to an agreement on
fresh tomato imports from Mexico that restores stability and
confidence to the U.S. tomato market and meets the requirements
of U.S. law," U.S. Commerce Under Secretary for International
Trade Francisco Sanchez said in a statement.
The draft agreement substantially raises the minimum
"reference" price at which Mexican tomatoes can be sold in the
United States and accounts for changes that have occurred in the
tomato market since the original agreement, Sanchez said.
(Reporting by Doug Palmer; Editing by Peter Cooney)