STATEMENT FROM THE USMCOC ON THE USMCA ENTRY INTO FORCE

Wednesday July 1, 2020

 STATEMENT FROM THE USMCOC ON THE USMCA ENTRY INTO FORCE

 Las Colinas-Irving, TX – The United States-Mexico Chamber of Commerce celebrates the entry into force of the United States-Mexico-Canada Agreement, and salutes the efforts from all parties to make this day possible, especially the leadership of U.S. President Donald J. Trump, and the remarkable commitment of  U.S. Trade Representative Robert E. Lighthizer, Former Secretary of Economy of Mexico Ildefonso Guajardo and Deputy Prime Minister of Canada Chrystia Freeland.

The USMCA responds to the demands of modern trade practices and industries, which will lead to a stronger and more competitive North America. Twenty-six years ago the North American Free Trade Agreement created the world’s largest free trade area with over 450 million people, and quadrupled trade between 1993 and 2019, reaching the astonishing figure of $1.23 trillion: during this time, we established a solid supply chain, created many companies, products and jobs, all of which derived into economic growth for our region. We are living uncertain times due to the COVID-19 pandemic; however, we firmly believe that the USMCA is crucial in the path of economic recovery.

The Chamber reiterates its commitment to continue our mission of fostering trade and business relations in North America, now under new rules and higher standards set by the USMCA. It is time to focus our energies on the implementation process, and we are ready to do so with much enthusiasm and a revitalized collaborative spirit.

Congratulations United States, Mexico and Canada on this occasion!

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For more information please contact

Gabriela Kenny

Director of Communications

(469) 567-0923