ISDS Case Map
Mexico
The measures would face legal challenges under Mexico’s commitments not just under the outgoing NAFTA but also its successor, the United States-Mexico-Canada Agreement, an industry source said.
While the world is busy dealing with the coronavirus health crisis, the European Union and Mexico concluded talks on a new trade pact, provoking strong reactions.
The EU and Mexico have agreed to eliminate customs duties on practically all goods, to enhance and facilitate digital trade, and have taken on new obligations on good regulatory practices.
European civil society organisations are deeply concerned about the renewal of the European Union-Mexico trade agreement.
The European Union and Mexico finalised a major upgrade to their free trade deal after the two sides agreed to grant reciprocal market access to each other’s tenders for public contracts.
The announcement came three days after the US government launched a campaign to get Mexico to reopen plants, suggesting the supply chain of the North American free trade zone could be permanently affected.
Lopez Obrador said the government was reviewing the matter in the context of the entry into force of the United States-Mexico-Canada Agreement, a trade deal due to replace the 1994 NAFTA.
The US pressed Mexico to reopen border assembly plants that are key to the US supply chain, as part of the North American free trade zone.
Maquiladoras which avoid most tariffs because their finished products are for export only, have boomed since the 1994 North American Free Trade Agreement.
Mexico’s government asked the United States and Canada to grant its automotive industry extra time to adapt its supply chains as the deadline for implementing a new North American trade deal approaches.
