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November 3, 2013

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Junk food, soda taxed

Mexico’s congress approved a new tax on junk food on Thursday as authorities announced a campaign to fight obesity in a nation with one of the world’s highest rates of overweight people.

President Enrique Pena Nieto said products that meet standards for having lower calories or higher fiber content will get a “seal of nutritional quality,” which he said would give industry an incentive to re-formulate products.

Mexico’s Senate approved an 8 percent tax on high-calorie foods, defined as those having more than 275 calories per 100 grams, and the House of Deputies approved.

Both houses agreed to a one-peso (8 US cents) per-liter tax on soft drinks.


 

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