The Ministry of Economy stated that after the session of the Free Trade Commission of the Treaty between Mexico, the United States and Canada (TMEC), the three countries agreed on the positive results of the Treaty and the importance of continuing to work for joint trade. American luxury from the North.
According to information from the Ministry of Economy, the TMEC met in Phoenix, Arizona, in the presence of the agency’s Secretary, Raquel Buenrostro, the United States Trade Representative, Ambassador Katherine Tai, and the Minister of Export Promotion. International Trade and Economic Development of Canada, Mary Ng.
The three officials stressed that there is a treaty with progressive mechanisms that allow for the continued development of trade between the three countries and opened a dialogue with union leaders because, as they pointed out, it is the best way to find out how the United States-Mexico-Canada Agreement (USMCA) benefits workers. Workers will also know where there are more opportunities.
Article 30.1 of the United States-Mexico-Canada Agreement provides for the establishment of a Free Trade Commission, which will be composed of representatives of the government of each party at the ministerial level or by persons designated by them.
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The Committee must consider questions relating to the implementation or application of the Treaty; Consider proposals to amend or amend the Treaty; Supervising the work of established committees, working groups and other subsidiary bodies.
It should also consider ways to further improve trade and investment between the two parties; Adopting and updating the procedural rules and code of conduct applicable to dispute resolution procedures; Review the list established under Article 31.8 (List and requirements of Committee members) every three years and, where necessary, create a new list.
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