USMCA Trade Officials Meeting in Mexico City This Week
Trade representatives from the United States, Mexico and Canada meet this week to commemorate the first anniversary of the United States-Mexico-Canada Agreement. Mexico’s Secretary of Economy, U.S. Trade Ambassador Katherine Tai, and Canada’s Minister of Small Business, Export Promotion and International Trade will attend the meeting. The officials meet Tuesday in Mexico City to exchange views on the achievements reached during the agreement’s first year and discuss opportunities to ensure the long-term growth and competitiveness of the region. The U.S. Trade Representative’s Office says in a statement the meetings are an opportunity to continue the productive dialogue established during the first Free Trade Commission meeting in May. Further, USTR says the meeting shows how the United States, Mexico, and Canada are working together as friends, neighbors, and allies to build a more competitive, inclusive and resilient North American economic partnership. USMCA replaced the North American Free Trade Agreement and went into force on July 1, 2020.