Mexican Industry Grows One Step at a Time

This week, aquaculture is reaching a new level of need for the world’s wellbeing, comments Ross Gordon, CEO of Aquaculture Advisory. Pablo Ricaud Arriola, President of Rising Farms, talks about the Ponzi Schemes and how to manage them. Meanwhile, the FAO 2030 Agenda has regressed due to the COVID-19 pandemic and its repercussions. Finally, Karel Van Laack, President of Holland House Mexico, shares how the Dutch expertise can help Mexico grow its industry. 

 Interested in more? Here are the week’s major headlines in Agribusiness & Food!

• Ross Gordon, CEO of Aquaculture Advisory and an MBN Expert Contributor, discusses the potential of the aquaculture sector especially as food demand is projected to increase 50 percent by 2030. By then almost 90 percent of fish stocks will be overfished and over 70 percent of the Earth’s surface will be used for food production, an issue that will worsen with time. Mexico is actively positioning itself as the world’s new aquaculture destination. Striving to attract investment and increase investor confidence, Mexico has been leveraging its natural resources and strategic global position with a cocktail of favorable regulatory stances and investing between US$50 million and US$70 million in infrastructure to support the aquaculture industry since 2017. Read more here

• The UN Food and Agriculture Organization’s (FAO) 2030 Agenda has regressed due to the COVID-19 pandemic and its repercussions. Since the pandemic, issues such as world hunger, food safety, systematic disparities, sustainable development and water usage have seen strong repercussions that have worried experts, given the difficulty of regaining the progress made so far. In a new report, FAO highlights the need to increase investment in agriculture and improve access to new technologies, credit services and information resources for farmers. Progress has been made in the implementation of measures against illegal, unreported and unregulated fishing (IUU fishing), sustainable forest management, agricultural export subsidies, increased agricultural productivity in developing countries and duty-free access to agricultural products for developing countries. Read more here  

• Karel Van Laack, President of Holland House Mexico, discusses how Dutch expertise can help grow Mexico’s production and exportation of ornamental crops. Latin America, he argued, possesses key elements including extraordinary natural resources, adequate altitude, excellent geographical location, a strong labor force dedicated to the production of crops and other economic advantages that support the production of crops. In 2019, Mexico ranked third in the production of ornamental plants in the world. It was also the 17th-largest exporter to the US and Canada but the COVID-19 outbreak caused numbers to plummet. In Mexico, the ornamental industry was not deemed “essential” by the government, causing businesses to close their shops for prolonged periods during 2020. Read more here