The new trade deal reached between the US and Mexico contains a myriad of rules and tariffs, and among them include tougher rules on copyright and intellectual property.
The 10-year span is more than what had existed before but the biopharma industry has long argued for the same 12-year exclusivity that exists for biologics within the US market.
The US and Mexico have reached common ground on key trade terms as pressure mounts to complete renegotiation of the North American Free Trade Agreement.
Rules of origin for autos is really a “bilateral” issue between Mexico and the United States because Canada was relatively comfortable with the original US proposal.
The United States has dropped a contentious demand from the renegotiation of the North American Free Trade Agreement to impose restrictions on Mexican agricultural exports.
Mexico’s economy minister said that Mexico and the United States may not meet an August goal to finish bilateral talks to revamp the NAFTA trade deal, which is beset by disagreements over automobile trade rules and other issues.
Negotiators for Mexico and the United States have reached agreement on about 20 topics during talks to revamp NAFTA, Mexico’s economy minister said, although he conceded that some of the thorniest issues remained unresolved.
The recent election in Mexico is a referendum on the global reaction to the neoliberal assaults accompanying trade deals like NAFTA and TPP. Listen to this webinar with Manuel Perez-Rocha and Héctor de la Cueva