Ag Minister Marit leading Sask. delegation to grow trade, investment opportunities in Mexico

Saskatchewan Agriculture Minister David Marit is leading a delegation to Mexico to advance trade and investment opportunities in the agriculture and mining sectors.

Members of the Saskatchewan Trade and Export Partnership (STEP) will attend the Food Tech Summit and Expo in Mexico City. It attracts 20-thousand buyers, investors, and experts in the agri-foods industry. The delegation will have a booth and attend various events to promote Saskatchewan as a destination of choice for innovation and investment in the agri-foods sector.

They will also meet with agri-food companies on the sidelines of the summit.

Marit will also meet with some of Mexico’s prominent mining companies and investors to promote the province’s mining sector, including capabilities, industry innovations, and sustainability practices.

Mexico is one of Saskatchewan’s larger trade markets. In 2022, total exports “exceeded $1 billion for the first time in provincial history”, according to the province in a news release, with 97 percent of exports being agri-food products.

Saskatchewan’s top-3 exports to Mexico are canola oil, canola seed and non-durum wheat. Canola seed accounts for 54.5 per cent of total exports to Mexico, with a total value of over $557 million. The province also has an international trade office in Mexico City.

The delegation will be in Mexico until Friday.

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