As we enter the summer, the COVID-19 pandemic and its economic consequences continue to shape our lives. Here at White & Case in Mexico City, we remain fully committed to serving our clients during these difficult times and helping manage any business impact and legal risks that may arise.
Tomorrow, July 1st, the U.S.-Mexico-Canada Agreement (USMCA) will enter into force. The agreement will replace the North American Free Trade Agreement (NAFTA) as North America’s guiding trade framework, governing the movement of hundreds of billions of dollars in goods and services. You can read more about what it promises for regional businesses here.
For the past three years, the USMCA’s development and implementation was far from a foregone conclusion. Rather, the agreement was only made possible by dedicated teams of people across each country, who persisted through tough negotiations, bureaucratic processes, and eventual votes in each country’s legislative body.
Ambassador Antonio Garza served as U.S. Ambassador to Mexico from 2002 to 2009. He currently serves as Counsel in the Mexico City office of White & Case LLP. Additionally, Ambassador Garza is Chairman of Vianovo Ventures, a management consultancy with a focus on cross-border business development.