Haynes and Boone lawyers have been helping clients successfully close transactions, clear regulatory hurdles, and manage disputes involving international trade for more than four decades. As Canada, Mexico and the U.S. prepare to replace the North American Free Trade Agreement (NAFTA) with the new U.S.-Mexico-Canada Agreement (USMCA), we are well positioned to navigate clients through the regulatory changes and commercial opportunities that will arise from this new agreement.
Based on our cross-border experience with clients, we are familiar with the changes that will occur with the ratification of USMCA. Our industry sectors include the following:
- Energy and natural resources
- Real estate
- Intellectual Property
We also assist companies in developing and defending compliance programs relating to import and export under NAFTA and potential changes under USMCA.
Our clients seek us out because of our international trade transactions and disputes experience, as well as our presence in Mexico City, where we have been serving clients for more than 25 years. Our full-service, cross-border capability in Mexico, our seven offices in Texas and our presence in New York, Washington, D.C., California, Colorado and North Carolina provide a valuable commercial vantage point to help clients seeking practical and thoughtful advice related to USMCA and their cross-border expansion challenges and opportunities.
On February 13, 2023, the Government of Mexico promulgated a decree forbidding the import of genetically modified (“GMO”) corn into Mexico for nixtamalization (cooking and steeping in an alkaline solution, usually water and calcium hydroxide, for use in tortillas) and flour production. The immediate ban targets white corn, which currently comprises a small portion of US exports to Mexico. Most US [...]