The Confederation of National Chambers of Commerce, Services and Tourism (Concanaco Servytur) said that it will have an “active role” in public consultations towards the review of the North American Trade Treaty.
The business agency, responsible for more than 66% of the Gross Domestic Product (GDP), held in a statement the opening of public consultations announced by the Ministry of Economy and by the Office of the United States Commercial Representative (USTR (USTR, in English).
“The proposals, observations and decisions that arise will impact directly on the rules of origin, commercial facilitation, services, intellectual property, the environment, labor provisions, public hiring, digital economy, dispute solution mechanisms and the competitiveness of Mexican companies,” said the Concanaco Servytur.
In addition, he recalled that as Confederation groups more than two million entrepreneurs and owners of affiliated family businesses through 258 cameras and more than 650 delegations throughout the national territory, which generate 74 out of every 100 formal jobs and concentrate 70% of the employer records.
Therefore, he highlighted his responsibility to “bring the voice of family businesses, organized trade, services and tourism in this process that will define the future of Mexico’s economic integration with North America.”
He also hoped that the consultations will be carried out according to “an information calendar” and a dialogue that provides “certainty.” Finally, the Concanaco Servytur emphasized the relevance of the Free Trade Agreement between Mexico, the United States and Canada (TMEC).
Also read: Tmec: the more than 3 million pesos per minute that move to North America
Commercial exchange
He explained that North America constitutes the second largest free trade region in the world, with a population of 511 million people and a regional GDP of 31.7 billion dollars, equivalent to 30.2% of the world economy.
He also pointed out that in 2024 the total trade of the three countries reached 1.6 billion dollars, and that Mexico was consolidated as the main commercial partner of the United States.
He added that the Mexico-United States bilateral exchange added 285,059 million dollars, equivalent to 14.7 % of American global trade, between January and April 2025, the same period in which the Mexico-Canada exchange reached 13,590 million dollars.
Public consultations prior to the review of the TMEC will begin this week, in the prelude to the next revision of the treaty, scheduled to start in January 2026.
The renegotiation of the Tmec is expected to culminate in the middle of next year, after being announced at the beginning of 2025, in the middle of the global tariff war unleashed by the US president, Donald Trump.
With EFE information
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