Mexican Economic Newsletter
The Trading Room
12th WTO Ministerial Conference: An achievement or Failed Attempt?
12th WTO Ministerial Conference: An Achievement or Failed Attempt? In this edition, we present the most relevant developments and setbacks of the 12th Ministerial Conference of the World Trade Organization (WTO). This Conference was originally scheduled for June 2020 but was delayed due to the COVID-19 pandemic. Finally, the conference
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
Labor Mechanism against Teksid
The U.S. government activated USMCA’s Rapid Response Labor Mechanism against Teksid due to a Collective Bargaining Agreement.
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
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
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
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,
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
Mexico’s USMCA Disputes in 2022
VTZ presents its outlook for Mexico’s USMCA disputes in 2022, ISDS, trade, and labor, which were discussed in our webinar.
