Thursday, June 20, 2019

Mexico becomes first country to approve USMCA

Via Billy


Mexico’s Senate voted overwhelmingly in favor of approving the U.S.-Mexico-Canada Agreement on trade, a deal that would replace the North American Free Trade Agreement.

The measure passed with a 114-4 vote, bringing the agreement one step closer to fruition. Mexican President Andrés Manuel López Obrador convened a special legislative session to hold the vote after the Senate convened in April.

“The USMCA is synonymous with opportunity in the short and long term,” Mexican Sen. Verónica Martínez García said of the pact.

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