Today, July 08, 2021, the Economist published that:
U.S. Trade Representative Katherine Tai stressed to Secretary of Economy Tatiana Clouthier that the work on trade agreements is not finished when they are signed, approved or enter into force.
The Treaty between Mexico, the United States and Canada (T-MEC) has a continuous adaptation that allows the region to be competitive with the rest of the world, said U.S. Trade Representative Katherine Tai.
“The revival of our mutual commitment on an ongoing basis will also allow us to adapt our relations and our cooperation to current challenges and increased competition from other parts of the world,” the U.S. official said.
Tai participated in a press conference in Mexico City with the Secretary of Economy, Tatiana Clouthier, and Mary Ng, Canada's Minister of Small Business, Export Promotion and International Trade.
The press conference was held after a trilateral dialogue, which included conversations about concerns expressed from Tai to Clouthier regarding the energy industry, or from Ng to Tai about Canadian softwood lumber exports to the United States.
In agreement with her U.S. counterpart, Clouthier described the T-MEC as a “treaty in motion”, on which the three officials agreed to provide greater support to small and medium-sized enterprises (SMEs) in the three countries of the region so that they can participate in international trade.
In its first year of life, within the framework of the T-MEC, the following have already been presented labor complaints The Canadian company TC Energy announced that it intends to recover more than 15 billion dollars in damages related to its Keystone XL pipeline project, whose permit was revoked by President Joe Biden.
Tai stressed that work on trade agreements is not finished when they are signed, approved or enter into force.
“These agreements are very much like children. They are ongoing relationships and require our continued care and attention,” commented Tai, who this Thursday will meet with Mexico's Secretary of Energy Rocio Nahle and, along with Clouthier and Ng, will visit Mexico's Labor Conciliation Center.
