Transparency is essential to ensure open and fair trade, stresses the World Trade Organization (WTO), based in Geneva, Switzerland. When WTO Members properly communicate to their partners about policy and regulatory changes affecting foreign trade, their trade prospects improve. The WTO is working to improve the ability of
The environmental regulations of the Treaty between Mexico, the United States and Canada (USMCA) represent a «persistent challenge» for Mexico, concluded the White House Trade Representation (USTR) in a report. Among those challenges are sustainable fisheries, highlighting the case of totoaba and vaquita, and the construction of the
Mexico’s Ministry of the Environment and Natural Resources (Semarnat) has tightened a rule related to wastewater discharges, which has important implications for the country’s industry. The new regulations were included in a report by the USTR on the occasion of the second anniversary of the entry into force
The Labor Content Value of the Mexico–U.S.–Canada Agreement (USMCA) works in favor of the United States, the U.S. Congress concluded in a report. President Joe Biden’s administration was the first to use USMCA’s Rapid Response Mechanism to raise wages in the United States. In this regard, the Joint
By early 2022, Ukraine was estimated to supply 50% of the world’s refined neon, according to a report by the United States Trade Representation (USTR). Neon, specifically ultra-high purity grade (purity greater than 99.99%), is commonly used as a carrier gas for lasers used in semiconductor production. The
The United States Trade Representation (USTR) informed that it will continue to review the vaquita case in relation to possible violations by Mexico in the Treaty between Mexico, the United States and Canada (USMCA). «USTR will continue to actively monitor this issue and analyze any potential non-compliance with