Trade agreement latest publications
The boom in agricultural exports has been one of the greatest achievements of the Peruvian economy over the past twenty years. This has been particularly true for fruits and vegetables, mainly sent to Europe and the US. This performance has placed Peru among the most important global suppliers for some products.
We now know the content of the new North American free trade agreement, to be known as the United States-Mexico-Canada Agreement, or USMCA. The three countries’ negotiating teams announced details on Sunday, just minutes before the deadline for the Trump administration to submit it to Congress.
At the end of August Mexico and the US announced a preliminary agreement intended to replace the North America Free Trade Agreement (NAFTA) signed in 1994. The most significant changes in the agreement announced are centred on the automotive sector. And this is hardly surprising, given that the sector accounts for the entir…
September 21, 2018
Mexico | Trade agreement with the United States: investment framework to be maintained
On 27 August, Mexico and the US announced that they had reached an understanding allowing them to sign a trade agreement to replace the North American Free Trade Agreement (NAFTA). Although we are still awaiting the final text in order to offer our full assessment, on the basis of the announcement made by the negotiating te…
Not a bad deal considering the circumstances. With the information available, we think it is a less favourable agreement than NAFTA itself, but better than the alternative. Mexico will remain competitive in the production and export of vehicles. On the positive side, the energy sector is part of the agreement; this reduces …
August 27, 2018
US-Mexico trade agreement: the best one that was possible under the current circumstances
The presidents of Mexico and the US have announced a preliminary bilateral commercial agreement. If congresses in each country approve it, this accord will replace the North American Free Trade Agreement (NAFTA) that has been in place since 1994.