Mexico Agrees to the Replacement Protocol of the USMCA and to Parallel Agreements with U.S.

Posted by Matt Schmitt on 8/6/19 5:00 PM

On July 29, 2019, Mexico’s Ministry of Foreign Relations published a decree in the Diario Oficial approving the protocol for replacing the North American Free Trade Agreement (NAFTA) with the United States-Mexico-Canada Agreement (USMCA).

Additionally, the decree includes recognition of the six parallel agreements of mutual understanding between the United States and Mexico:

  • Essential safety devices in vehicles;
  • The protection of biological trade;
  • The agreement on the use of certain terms for cheeses;
  • The agreement on the scope of the term “previous users”;
  • The consultation process on the U.S. use of Section 232;
  • The dispute resolution mechanisms.

The protocol incorporates the USMCA chapters and annexes negotiated between Canada, the United States and Mexico and signed by the three countries on November 30, 2018 in Buenos Aires, Argentina.

 

The Diario Oficial decree may be found here:

https://www.dof.gob.mx/nota_detalle.php?codigo=5566696&fecha=29/07/2019

Topics: Mexico, USMCA