The United States government today notified the U.S. Congress that the governments of Mexico and Canada have complied with all the domestic procedures required by them for the United States-Mexico-Canada Agreement (USMCA) to enter into force.
This comes in addition to the notifications that were communicated separately by the governments of Mexico and Canada on April 2, and concludes the necessary requirements in all three countries for the USMCA to enter into force. As established in Paragraph 2 of the Protocol replacing the North American Free Trade Agreement with the USMCA, the new agreement will enter into force on the first day of the third month following the last notification received, which corresponds to July 1, 2020.
The upcoming entry into force of the USMCA will give impetus to the economic recovery of Mexico and the North American region after the health emergency caused by the COVID-19 pandemic. In addition, it will provide the legal certainty that will benefit the development of our societies.
The Economy Ministry will continue to work closely with the federal agencies involved, the private sector and their counterparts in the United States and Canada in order to effectively implement the USMCA.