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Economy and Tourism

Joint Statement of Mexico, the United States and Canada on the Third Meeting of the T-MEC/USMCA/CUSMA Free Trade Commission / @SE_mx >>>

#Economía.- Following the third meeting of the T-MEC/USMCA/CUSMA (the Agreement) Free Trade Commission (FTC) on July 7, 2023, Mexico’s Secretary of Economy Raquel Buenrostro, U.S. Trade Representative Katherine Tai, and Canada’s Minister of International Trade, Export Promotion, Small Business and Economic Development Mary Ng issued the following joint statement:

«Today, Mexico, the United States and Canada held the third meeting of the T-MEC/USMCA/CUSMA FTA in Cancun, Quintana Roo, Mexico. Three years after its entry into force, the Agreement continues to strengthen a competitive and dynamic North America.»

The ministers stressed the importance of the Agreement as the fundamental pillar of the North American economic relationship. The ministers also underscored the importance of resolving disputes through the Treaty’s mechanisms to provide greater certainty, improve competitiveness and avoid unnecessary disruptions to trade.

During the meeting, the ministers reviewed the progress made over the past year and took note of the reports of the Committees and Working Groups, including those on Trade in Goods, State-Owned Enterprises and Designated Monopolies, Environment, Agricultural Biotechnology, and Labor, among others. The ministers provided guidance for future work and reiterated that continued exchange is critical to the full implementation of the Agreement. The ministers also participated in broader discussions on North American Competitiveness, SMEs and Inclusive Trade, and Labor.

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