Ebrard assures that we are on the path to reviewing the T-MEC: "Everyone is in favor of it continuing"
Marcelo Ebrard confirmed that Mexico and the United States are moving forward with a review of the T-MEC trade agreement following consultations with various sectors.
In a recent announcement, Mexico's Secretary of Economy, Marcelo Ebrard, affirmed that both Mexico and the United States are on track to review the T-MEC (United States-Mexico-Canada Agreement) trade treaty. He highlighted that the two nations have completed consultations aimed at gauging support among different sectors, including labor, agricultural, and industrial, on the agreement's continuation. Ebrard emphasized that there was unanimous support for the treaty to proceed, a shift from previously closed discussions in which stakeholder participation was limited.
Ebrard underscored the significance of these consultations, noting that it was a directive from the President to engage more openly with sectors that had not previously been consulted. The systematic organization of feedback demonstrated clear consensus among various stakeholders — including businesses and industrial representatives — about the necessity to ratify and refine the treaty. This move is seen as an effort to enhance transparency and inclusivity in the decision-making process regarding trade policies.
The implications of this consensus suggest that Mexico is not only committed to maintaining strong trade relations with the U.S. but is also looking to optimize the agreement. As trade policies evolve in the face of global economic changes, this proactive approach may facilitate smoother negotiations and stronger economic ties, positioning both nations for continued collaboration under the T-MEC, which is crucial for the economic well-being of the involved countries.