The United States, Mexico and Canada signed trade agreement
On Tuesday the three countries signed the latest amendments to the free trade agreement (TMEC) to ensure economic growth
The commercial negotiators of the United States, Canada and Mexico signed the latest amendments to the Free Trade Agreement (TMEC) on which the stability of the North American region depends.
Although the negotiations ended in November 2018, the United States, through the Democratic legislators, demanded in Mexico last year to raise the standards of working conditions, so the Latin American country undertook a reform to its Law on job.
Mexico City was the epicenter for this meeting where negotiators, Robert Lighthizer, representative of Commerce of the United States; Jesús Seade, Undersecretary for North America by Mexico and Chrystia Freeland, Deputy Prime Minister of Canada, signed the treaty that contemplates new conditions in labor, environmental, biomedicine and automotive industry.
For his part, the president of Mexico, Manuel López Obrador, mentioned that “It is an agreement that helps us boost the economic growth of our nations, without a doubt it means more investment for Canada, the United States and Mexico. It is about attracting more investment for North America and as we all know if there is investment there is growth, if there is growth there is well-being, if there is well-being there is peace and there is tranquility ”
However, the Canadian vice minister, Chrystia Freeland, was very optimistic in describing this agreement as a collective effort “We have achieved it together at a time when it is very difficult to get trade agreements to move forward.”
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