Mexican Economic Newsletter

The Trading Room

Panasonic and USMCA, Rapid Response Labor Mechanism, Unions in Mexico, Labor and Trade, Reynosa, USTR, Secretaría de Economía, VTZ Abogados

Panasonic and USMCA : Rapid Response Labor Mechanism

Panasonic and USMCA : The Rapid Response Labor Mechanism A new dispute involving Panasonic and USMCA. On May 18, 2022, the United States —through the Office of the United States Trade Representative (USTR)— requested Mexico to review whether a denial of free association and collective bargaining rights is occurring at

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The Trading Room

Semiconductors

Strengthening the Semiconductor Supply Chain in Mexico As a result of the September 2021 Washington work tour, on 20 April 2022, Tatiana Clouthier, head of the Ministry of Economy, and Santiago Cardona, general director of Intel Mexico, signed a collaboration agreement to strengthen the semiconductor supply chain in Mexico.  #Comunicado

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Constitutional Energy and Mining Law Amendment Implications for United States

Constitutional Energy and Mining Law Amendment – Implications for United States 

Constitutional Energy Amendment and Mining Law amendment – Implications for the United States  By not getting the necessary votes for a constitutional amendment, the Chamber of Deputies stopped and rejected the initiative of constitutional amendment in electricity matters of President Andrés Manuel López Obrador on April 17, 2022. The purpose of this constitutional amendment initiative was

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The Trading Room

USMCA Panel on Rules of Origin

USMCA Panel on the Application and Interpretation of the Rules of Origin in the Automotive Sector On March 22, 2022, Mexico, Canada and the United States selected the members of the Panel that will resolve the dispute over the application and interpretation of certain provisions related to the rules of

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The Trading Room

Economic Sanctions in Mexico Against Russia

Russia-Ukraine Conflict and Export Controls on Dual-Use Goods Several countries are taking economic sanctions against Russia under the international conflict, including certain countries are beginning or will begin to deny Russia the “most-favored-nation treatment” under the World Trade Organization (WTO).  As for the Mexican government, on Tuesday, March 1, 2022,

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Mexico, Korea, Free Trade Agreement, Negotiations

Mexico – South Korea Free Trade Agreement 

Mexico – South Korea Free Trade Agreement Last Wednesday, March 2, 2022, the Ministry of Economy announced, through a press release, the resumption of negotiations between Mexico and South Korea for a Free Trade Agreement (FTA). #Comunicado | México🇲🇽 y Corea del Sur🇰🇷 acuerdan el inicio de negociaciones para un

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