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Thursday, September 29, 2022

Mexico and Canada to improve the business climate

mexico city /

The Mexican and Canadian governments officially opened High Level Economic Dialogue (DEAN)which Canadians will use to discuss disagreements on issues such as energy and labor rights.

“It’s great that we work together, whether it’s overcoming labor, energy and regulatory issues, we are convinced that we must expand relationships so that all women can participate, we have an investment climate, stable regulatory regimes, I hope to open discussion,” said Mary Ng, Minister for International Trade, Export Promotion, Small Business and Economic Development.

Currently Canada joined the complaint USA against Mexico’s energy policy, which they say affects their investments; This table provides an opportunity for deepening the dialogue, which contributes to increased investment.

“I think this will be the first of many meetings of this type that should be expanded to strengthen the commercial relationship that last year amounted to 34 billion (Canadian) dollars and will benefit businesses and workers,” he explained.

AT DEAN Its main purpose is to promote investment and trade between the two countries. Economics Minister Tatiana Cloutier said the talks are aimed at strengthening the business climate and competitive advantages of the two countries for fair growth, “we share as partners in North America and in T-MEK“.

car conflict

After the hearing of the commission initiated by Mexico at Canada contra USA on the interpretation and application of rules of origin in the automotive sector T-MEK On August 2 and 3, the Ministry of Economy assured that they had presented the best defense in order to show good results at the end of the year.

In an interview with MILLENNIUMCEO Legal consulting in the field of international trade of these, Orlando Perez Garatepointed out that the chapter 31 panel hearing T-MEK This is the stage of the procedure in which the parties (countries) orally present arguments presented in writing in order to resolve doubts or specific issues.

He explained that this week they will receive in writing some of the questions that were not asked in the two days of the panel, which also need to be answered in writing; if the panel favors Mexico at Canada let their governments sit down at the table USA and see how to change the original requirements.

World Nation News Desk
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