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64 frequently asked questions about the USMCA: from 4 to 6

The Ministry of Economy published a list of 64 frequently asked questions about the Treaty between Mexico, the United States and Canada (USMCA).

The USMCA establishes that the Parties will work together in the World Trade Organization (WTO) to promote greater transparency and to improve and further develop multilateral disciplines of market access, domestic aid and export competition with the objective of substantial reductions. and progressive support and protection that result in fundamental reform.

In addition, no Party shall adopt or maintain an export subsidy on any agricultural good destined for the territory of another Party.

Each Party shall also provide that an importer may make a request for preferential tariff treatment, based on a certificate of origin completed by the exporter, producer or importer in order to certify that a good that is exported from the territory of one Party to the territory of another Part, it qualifies as an originating merchandise.

These are questions four through six:

  1. What is the objective of Chapter 3 of Agriculture of the USMCA?

It promotes trade in agricultural products in the region and establishes modern disciplines that strengthen transparency and cooperation between our countries.

  1. How does Chapter 3 of Agriculture of the USMCA benefit Mexico?

Benefits:

  • Maintains free tariff treatment for agri-food products originating in the region; that is, no import taxes are paid on these products in trade between Mexico and the United States and Mexico and Canada (except for products from the poultry and dairy sectors).
  • The commitment to eliminate subsidies to agricultural exports is reaffirmed; Collaboration and consultation areas are determined on issues such as export competition, domestic support, and other measures related to agricultural trade.
  1. What does Chapter 4 on Rules of Origin of the USMCA consist of?

The Chapter 4 establishes the essential, clear and specific provisions to determine the conditions or requirements that a good must meet to consider it as “originating” and thus have the right to the negotiated tariff preference.

 

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