The European Parliament froze the ratification of the recent Comprehensive Investment Agreement (CAI) signed between the European Union (EU) and China. Above all, MEPs are critical of recent Chinese sanctions against EU lawmakers and will not consider any talks about ratifying the Comprehensive Investment Agreement for as long
The peso starts the session with a depreciation of 0.11% or 2.2 cents, trading around 19.89 pesos per dollar, with the exchange rate touching a minimum of 19.8612 and a maximum of 19.9362 pesos per dollar. In the rest of the market there is no clear direction and
The USMCA Committee of Rules and Procedures of Origin (CRPO) agreed that Mexico, the United States and Canada will work on updating the Harmonized System (HS) to classify merchandise. In turn, Mexico made the presentation of the report on the CRPO, which held its first meeting on May
The Good Regulatory Practices Committee of the USMCA reported that it will carry out an analysis on gender. Regarding its progress, the Committee presented the report of its meeting on March 31, 2021, in which the representatives of the three countries exchanged information on: New regulatory initiatives, including
The Customs and Trade Facilitation Committee of the USMCA reported that there are disagreements regarding communication with operators between Mexico and the United States. In general, the Committee presented the discussions of its first meeting held on September 9, 2020, in which it was agreed to facilitate the
Mexico, United States and Canada announced progress within the framework of the USMCA Committee on Technical Barriers to Trade (OTC). In particular, the United States provided an update on the strategy review of its standards. Canada introduced its Online Regulatory Consultation System to comply with the obligations of