Mexican Lawmakers: u.s.-Mexico-Canada Agreement

mexican lawmakers: It means foreign investment in Mexico, it means jobs in Mexico, it means guaranteeing trade of the merchandise that we produce in the United States, he said, according to The Japan Times. Mexico's economy ministry in a statement said that with the approval Mexico sends a clear message in favor of an open economy and of deepening its economic integration in the region. Mexico's upper chamber voted 114 to four with three abstentions in favor of the U.S.-Mexico-Canada Agreement, or USMCA. U.S. President Donald Trump had demanded a renegotiation of the North American Free Trade Agreement that it will replace. ; Mexican President Andres Manuel Lopez Obrador said in a recorded message that the vote was very good news. Mexican lawmakers had already executed a series of labor reforms that the U.S. had demanded. Ricardo Monreal, leader of the governing party in the Senate, said the vote was an important step to diminish the existing uncertainty for North American trade. Sen. (news.financializer.com). As reported in the news.