Mexico Recommends Extending USMCA Agreement for Another 16 Years

Mexico has proposed to extend the USMCA trade agreement for 16 years, according to a letter from the country’s Economy Ministry sent the to US and Canada trade representatives.

• Continuing this economic growth will only be possible by providing certainty to investors who seek market strength, Mexico says in the letter
• “Mexico’s position is to extend the treaty for another 16 years and pursue agreements that benefit all three nations”
• NOTE: Canada Recommends Renewal of USMCA for 16 Years: Trade Minister
• NOTE: Mexico, US Conclude First Round of USMCA Review

--With assistance from Gonzalo Soto.

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