REGINA — Saskatchewan Agriculture Minister David Marit is leading a trade and investment mission to Mexico to further international relationships, investment attraction and opportunities in the agriculture and mining sectors.
Members of Saskatchewan Trade and Export Partnership (STEP) will be joining the delegation to attend the Food Tech Summit and Expo in Mexico City. The Food Tech Summit is a gathering of over 20,000 buyers, investors and experts in the agri-foods industry. STEP and the rest of the delegation will be hosting a booth and attending various events to position Saskatchewan as the destination of choice for agri-food innovation and investment.
"Expanding business into export markets is critical for our long-term success," C-Merak CEO Brett Casavant said.
"New markets open many possibilities but also complexities dealing within different regulations and cultures. With support from Saskatchewan Trade and Export Partnership, Government of Saskatchewan's Mexico Trade Office, and the Canadian Embassy, we can access trusted expertise to connect us with local companies and explore new opportunities. The delegation to FoodTech is a perfect example of working together to showcase Saskatchewan ingredients and food to Mexico's growing market."
The delegation also plans to meet with several agri-food companies outside of the summit.
In addition to continuing agriculture opportunities with Mexico, the mission will also focus on promoting Saskatchewan's mining sector. Marit will be meeting with some of Mexico's most prominent mining companies and investors to discuss Saskatchewan's mining capabilities, industry innovations and sustainability practices.
In 2022, Saskatchewan's trade with Mexico exceeded $1 billion for the first time in provincial history. Agri-food exports account for over 97 per cent of total exports. Canola oil, canola seed and non-durum wheat make up the top three exports. Canola seed made up 54.5 per cent of total exports to Mexico, with a total value of over $557 million.
Also in 2022, the province opened an international office in Mexico City.
The minister's delegation left on Sept. 25, and will return on Sept. 29.
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