Mexico ratifies modified free trade deal with U.S., CanadaChristian Fernsby ▼ | December 13, 2019
The Mexican Senate ratified the modified U.S.-Mexico-Canada Agreement (USMCA) after protracted negotiations for more than two years.
LatAm economy Andres Manuel Lopez Obrador
Topics: Mexico trade U.S. Canada
However, U.S. Senate Majority Leader Mitch McConnell said on Tuesday that the upper chamber will not take a vote on the USMCA before it adjourns for the year.
Representatives of Mexico, the United States and Canada earlier on Tuesday signed off on the revised free trade agreement.
The changes to USMCA call for the creation of a panel of experts from the three partners countries to ensure compliance and resolve any potential disputes. ■