WASHINGTON – Today, ITI applauded the entry into force of the United States-Mexico-Canada Agreement (USMCA). The landmark agreement will modernize North America’s trade relationships, support the U.S. economy, and bring predictable rules for all companies that use digital technologies in North America.
“ITI was proud to be a leading voice for the tech industry during USMCA negotiations and implementation,” said Jason Oxman, ITI President and CEO. “This landmark agreement enables all businesses to compete in today’s economy and modernizes the United States’ economic relationship with Canada and Mexico – two of its largest trading partners. ITI is pleased to support the implementation of the most ambitious digital trade chapter ever included in a comprehensive trade agreement, which advances cross-border innovation and creates new economic opportunities for American technology companies.”
USMCA contains significant improvements and modernized approaches for rules of origin, agricultural market access, intellectual property, digital trade, financial services, labor, and numerous other sectors. Through USMCA, the United States will benefit from updated trade provisions that harness the benefits of digital technology for all businesses and strengthen trading relationships for the 21st century.