Positive momentum is building in North America as Mexico confirms its readiness to begin a formal review of the trilateral trade agreement it shares with the United States and Canada. The review is anticipated to commence at the end of September or in the first week of October, according to Mexico’s Economy Minister Marcelo Ebrard.
This periodic review is part of the trade agreement’s framework to ensure that its terms remain effective, beneficial, and aligned with evolving market demands. The agreement, which replaced the long-standing North American Free Trade Agreement in 2020, has become a cornerstone of economic collaboration among the three nations.
Mexico’s early commitment to this process signals its strong dedication to sustaining open, balanced, and mutually advantageous trade. The review presents an important opportunity for the three countries to strengthen cross-border supply chains, enhance competitiveness, and unlock new economic opportunities for their industries and workers.
Canada has also expressed its intention to support the review, with a focus on resolving key bilateral matters with the United States first. This approach underlines a thoughtful and cooperative spirit, allowing for more productive and forward-looking discussions when the full review process begins.
This upcoming dialogue marks another step toward fortifying North America’s position as a leading trade region. By reaffirming their shared values of collaboration and economic innovation, the United States, Mexico, and Canada are paving the way for sustainable growth and stronger international trade ties.
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