A trade agreement is much more than a text; it is a legal and institutional framework that lays the foundations for integration among the countries that sign it. It opens opportunities to prompt competitiveness, growth, and inclusive development, as well as boosts exchange dynamics beyond trade—in culture, education, and shared principles and values. Nevertheless, without constant political dialogue, without the exchange of experiences, without a permanent updating effort, and without a tangible commitment in all the sectors that benefit from economic integration, a trade agreement runs the risk of becoming a “dead letter”: A simple list of rules to govern commercial transactions between its parties. Senator and Chief, Special Committee for the USMCA Implementation – Mexican Senate President – Special Commission for the Implementation of the USMCA ruizmassieu Nearly three years after its entry into force, the United States-Mexico- Canada Agreement (USMCA) has been instrumental in ensuring the competitiveness of the North American region’s economy in a complex and unprecedented global environment. This is no coincidence: It is the result of a joint effort among governments, the private sector, and civil society in our three countries. During these years, the Special Committee for the USMCA Implementation in the Mexican […]
The USMCA in 2023: Opportunities and challenges
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