Mexico suspends egg import tariffs

23-08-2012 | | |
Mexico suspends egg import tariffs

Mexico has suspended tariffs on egg imports following the shortage and subsequent price increase of eggs due to the bird flu outbreak.

Economy Secretary Bruno Ferrari says that the avian influenza outbreak, that killed 11 million birds, has slowed the work of farmers in western Mexico, an important egg producing region.

Ferrari said that the cost of a kilogram (2.2 pounds) of eggs has more than doubled since the outbreak in July.

Ferrari has also announced that Mexico is increasing its inspections of farms and stores  to find the cause behind the increase in egg prices; authorities are puzzled and have as yet not found a justification them.

A number of countries, the US among them, began exporting eggs to Mexico this week.

Source: Bloomberg