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Mexico and U.S. Prepare for New T-MEC Review Round to Strengthen Trade Ties
๐Ÿ‡ฒ๐Ÿ‡ฝ Mexico /Economy & Trade

Mexico and U.S. Prepare for New T-MEC Review Round to Strengthen Trade Ties

From El Universal · () Spanish

Translated from Spanish, summarized and contextualized by DistantNews.

At a glance

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  • Mexico and the United States will hold a new round of T-MEC negotiations in Mexico City from July 21-23.
  • The talks aim to strengthen the commercial relationship between the two countries.
  • Mexican Economy Secretary Marcelo Ebrard is expected to meet with U.S. Trade Representative Jamieson Greer on the third day.

Mexico and the United States are set to convene for a new round of negotiations regarding the Treaty between Mexico, the United States, and Canada (T-MEC). The talks will take place in Mexico City from July 21 to 23, with negotiators from both nations participating. A key meeting is anticipated on the third day between Mexico's Secretary of Economy, Marcelo Ebrard, and U.S. Trade Representative Jamieson Greer.

Greer's participation on the final day is contingent on his schedule, as he is slated to appear before the Senate Finance Committee on the morning of Wednesday, July 22, to discuss the trade agenda. Meanwhile, Secretary Ebrard met with representatives from the Business Coordinating Council (CCE), led by Josรฉ Medina Mora, to discuss the ongoing trade negotiations.

During the meeting with business leaders, Ebrard highlighted Mexico's preferential trade position, noting that approximately 85% of its exports to the United States benefit from zero tariffs. This advantage solidifies Mexico's role as a primary supplier to the U.S. The CCE and the Ministry of Economy confirmed that Ebrard agreed to maintain close dialogue and a unified stance with business representatives ahead of the upcoming talks.

Several prominent business figures attended the meeting, including Alejandro Malagรณn of Concamin, Sergio Contreras of Comce, Diego Cosรญo of ANIS, Juan Cortina of CCE, Jorge Esteve of CNA, Vicente Gutiรฉrrez Camposeco of Canaco Servytur, and Regina Garcรญa Cuรฉllar of ABM. The participants emphasized the importance of a coordinated approach to the T-MEC review.

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DistantNews Editorial

Originally published by El Universal in Spanish. Translated, summarized, and contextualized by our editorial team with added local perspective. Read our editorial standards.