A trade-dispute panel ruled on Friday that Mexico's restrictions on U.S. genetically modified corn exports violate the U.S.-Mexico-Canada Agreement, handing the Biden administration a major trade victory in its final weeks.

The corn dispute began six months after USMCA came into force in July 2020 when then-President Andres Manuel Lopez Obrador decreed that GM corn be banned by the end of 2024 -- a move largely targeting US corn exports. His successor, President Claudia Sheinbaum, has supported the policy.

The U.S. has won a trade dispute panel resolution on Mexico’s bid to ban genetically modified corn for human consumption.