Today it was announced that Mexico has been invited to formally enter the Trans-Pacific Partnership (TPP) negotiations. This is welcome news for manufacturers.
Since 2009, the NAM has expressed support for the inclusion of Mexico, Canada, and Japan in the TPP negotiations. It has long been our position that, with regard to the TPP, one of the most important objectives we seek is encouraging additional trading partners to sign onto the TPP in the future, gradually increasing the scope of the TPP. The inclusion of Mexico in the negotiations is an important development, as we enjoy a strong trade relationship to Mexico.
While the NAFTA was a groundbreaking agreement that has resulted in positive gains for both of our economies, there are some updates that could be made, and the TPP negotiations are a timely vehicle for those discussions to take place, ensuring that we can build upon the success of the NAFTA. Some issues we hope to resolve with Mexico vis-à-vis the TPP negotiations deal with non-tariff barriers, as well as customs and intellectual property issues.
The key question is how to make progress on these issues without stalling the broader negotiations among the other nine negotiating nations and we look forward to working with our Mexican counterparts to identify measures that could achieve our goals in a timely and effective manner.
We welcome the opportunity to continue strengthening our trade relationship with Mexico to ensure even greater benefits for U.S. manufacturing workers.
Jessica Lemos is director of international trade policy, National Association of Manufacturers.
Latest posts by Jessica Lemos (see all)
- NAM Partners with Global Business Dialogue to Promote Environmental Goods Agreement - November 20, 2014
- Manufacturers Call on Congress to End Gridlock on the MTB - November 19, 2014
- Manufacturers Strongly Welcome Progress on Information Technology Agreement - November 12, 2014