Current Affairs Agreements

US, Mexico And Canada Sign USMCA To Replace NAFTA

Category : Agreements

 US President Donald Trump, Mexican President Enrique Peña Nieto, and Canadian PM Justin Trudeau signed the new US-Mexico-Canada Agreement (USMCA) which will replace the North American Free Trade Agreement (NAFTA). USMCA will govern over a trillion dollars worth of trade between the three countries. They signed an authorization for the deal in Buenos Aires on the sidelines of the Group of 20 summit. The deal requires ratification by all three countries’ legislatures before taking effect.
Source: Aljazeera

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