President Trump's campaign promise to renegotiate the North
American Free Trade Agreement ("NAFTA") will soon be
formally underway. In fact, in Mexico the process began on February
1, 2017, as the Mexican government announced a 90 day consultation
period with representatives of the domestic industry to discuss and
agree on the main concerns and proposals from all relevant sectors.
Ever since, the Mexican Ministry of Economy and CONCAMIN have
established the so-called "Cuarto de Junto" (Room Next
Door) with government and industry representatives. Among the
sectors that have demonstrated more interest in participating are:
automotive, agricultural and chemicals. It is known that the
Mexican government and industry intend to take into consideration
the Trans-Pacific Partnership's ("TPP") provisions
under NAFTA re-negotiation, to include or broaden certain chapters
such as E-commerce, anti-bribery, transparency, competitiveness,
environment, IP, and trade facilitation,