Nota Bene Episode 70: Examining the USMCA: Is it Simply a Rebranded NAFTA? with Scott Maberry
Nota Bene Episode 66: Latin America Check In: What to Know About Doing Business in Mexico with Laura Nava and Alejandro Moreno
Compliance Report-International Edition, Doreen Edelman on Current State of NAFTA Negotiations
FCPA Compliance and Ethics Report-Episode 30-Interview with the FCPA Professor-Part 2
Could A US-EU Free Trade Deal Harm The WTO?
Mexico has just announced significant tax incentives for companies in certain key industries to relocate operations to Mexico. A government decree issued on October 11, 2023 seeks to boost the nearshoring trend targeting ten...more
Mexico has gone through such sweeping labor reforms in the past few years that it now ranks as one of the best places for outsourcing and expansion. You may still be dissuaded from cross-border operations due to old...more
The North American Free Trade Agreement (NAFTA) may have been replaced effective July 1, 2020 by the United States-Mexico-Canada Agreement (USMCA), but the rules of NAFTA remain alive and well in the halls of the enforcement...more
On June 30, 2023, the U.S. International Trade Commission (ITC) released its first report on the economic impact of the United States-Mexico-Canada (USMCA) automotive rules of origin. Rules of origin (ROOs) are used to...more
The United States-Mexico-Canada-Agreement (“USMCA” or the “Agreement”) was formed to promote growth in North American trade in a way that is beneficial to each of the state parties to the Agreement. However, as with any...more
State conduct may adversely affect foreign investors and their investments. Investors protected under international investment treaties may bring arbitration proceedings against States in those cases, seeking financial...more
In 2020, Mexico issued a decree banning the importation and use of genetically engineered corn (GE corn) in Mexico. This ban, set to enter fully into force on Jan. 31, 2024, threatens to severely limit Mexico's access to U.S....more
While the Washington Consensus policies resulted in seven years of economic growth in the 1990s, the years that followed brought about a period of recession and stagnation - 71% US trade with Latin America is dominated...more
This week saw Canada, Mexico and the United States present their respective positions and legal arguments, often in sharply worded exchanges, about how the Auto Core Parts rules of origin under the U.S.-Mexico-Canada...more
International arbitration, when available and used strategically, adds leverage, especially in dealing with a government. Qualifying foreign investors in Mexico affected by the changes in the regulatory environment promoted...more
On January 13, Canada announced that it would join Mexico in requesting a dispute settlement panel to address a disagreement over the US interpretation of the automotive rules of origin under the US-Mexico-Canada Agreement...more
On January 4, 2022, a three-member dispute panel — established per the United States-Mexico-Canada Agreement (USMCA) — announced a significant decision in the ongoing trade dispute between the U.S. and Canada, finding that...more
On August 20, the Government of Mexico requested consultations with the United States under the US-Mexico-Canada Agreement (USMCA) "for the purpose of avoiding or settling a potential dispute" regarding the Agreement's rules...more
Within the last few months, U.S. employers doing business in Mexico have felt the effects of the enforcement mechanisms of the “U.S.-Mexico-Canada Agreement” (“USMCA”). It is perhaps counterintuitive to many employers that...more
On March 10, Mexico’s amended Electricity Industry Law entered into force, introducing preferences for the Mexican state-owned utility, Comisión Federal de Electricidad (CFE), with respect to the supply of electricity to the...more
The United States-Mexico-Canada Agreement (“USMCA”) went into effect on July 1 of 2020 Unlike its predecessor the North American Free Trade Agreement (“NAFTA”), the USMCA includes an article on anti-corruption, contained in...more
The Mexican President’s preferential Bill to Reform the Electricity Industry Law has passed both Houses of the Mexican Congress without changes and is now applicable law (the Reformed Electricity Law or the Law). As we...more
With a total of 54 cases filed, 2020 was a record year for cases filed under the ICSID Convention, and with a total of 72 treaty-based cases, an important year in general for Investor-State Arbitration. ...more
The world’s most populous Spanish-speaking nation. Mexico is a Federation comprised of 32 states, being Mexico City the capital of the country. The government of Mexico is divided in three branches: the Legislative Branch in...more
This is the third in a three-part series on new challenges for businesses presented by the USMCA from Canadian and Mexican perspectives. Part one looked at trade and customs and part two at labour....more
This is the second in a three-part series on new challenges for businesses presented by the USMCA from Canadian and Mexican perspectives. Part one looked at trade and customs and part three will look at anti-corruption....more
This is the first in a three-part series on new challenges for businesses presented by the USMCA from Canadian and Mexican perspectives. Part two will look at labour and part three at anti-corruption....more
Perhaps two of the most significant constitutional reforms in recent times in Mexico were completed in 2011 and 2015. In principle, the 2011 reforms were aimed to promote, respect and protect, and for the State to guarantee...more
On July 1, 2020, the U.S.-Mexico-Canada Agreement (the “USMCA” or the “Agreement”) entered into force and replaced its predecessor, the North American Free Trade Agreement (“NAFTA”). The USMCA has attracted unprecedented...more
On July 1, 2020, the United States-Mexico-Canada Agreement (USMCA) entered into force and replaced the North American Free Trade Agreement (NAFTA) that governed continental trade for more than two and a half decades....more