Mexico confirmed its position to extend the United States‑Mexico‑Canada Agreement (USMCA) for a total of 16 years, as stated by Economy Minister Marcelo Ebrard on Tuesday.
Ebrard emphasized that while the treaty will continue to be in effect for many more years, Mexico would like the formal extension to cover a 16‑year period.
Bilateral discussions with the United States are underway regarding the extension, whereas talks with Canada are progressing at a slower pace.
No specific timeline, negotiation details, or implementation mechanisms were disclosed in the statement.
