NAFTA boosted the centuries-old business relationship between
Mexico and the United States by allowing both countries to benefit
from a seamless workshop that undoubtedly made the pie larger.
As with any 25-year-old contract, however, NAFTA needed to be
revised. Negotiations required delicate balancing between technical
and political issues, with motor vehicles and auto parts requiring
the lion´s share of the modifications.
In this article, we take stock of the revised agreement and, at
the same time, look ahead at what the 2019 business calendar may
bring in Mexico through the following top four issues:
- The (possible) execution of the
US-Mexico-Canada Trade Agreement (USMCA), and what it means,
particularly, for motor vehicles and auto parts manufacturing and
sales in North America
