On June 19, 2019, Mexico became the first of the three involved countries to ratify the U.S.-Mexico-Canada Trade Agreement (USMCA), which is intended to replace the North American Free Trade Agreement (NAFTA). In a nearly unanimous vote, Mexico’s Senate approved the trade agreement. The bill will now be sent to the Mexican executive branch for publication in the Diario Oficial to mark the formal ratification of the USMCA.
After Mexico’s ratification, U.S. Trade Representative Robert Lighthizer offered his support: “The USMCA is the strongest and most advanced trade agreement ever negotiated. It is good for the United States, Mexico, and Canada in a way that truly benefits our workers, farmers, and businesses. The USMCA’s ratification by Mexico is a crucial step forward, and I congratulate President López Obrador and the Mexican Senate on this historic achievement.”