ASTA Pleased with New U.S.-Mexico-Canada Trade Agreement
- On October 9, 2018
- ASTA, Trade, Trade Agreement, USMCA
On Monday, October 1, the Administration announced an agreement had been reached on a renegotiated trilateral trade deal between the United States, Mexico and Canada. President Trump has stated he intends to sign the new United States-Mexico-Canada Trade Agreement (USMCA) by the end of November. The deal would then be sent to Congress to be ratified.
ASTA is pleased to see the language includes its core priorities for trade. Most notably, the agreement provides stronger support for agricultural biotechnology and the trait approval process; recognizes the importance of evolving plant breeding methods like gene editing; strengthens science-based sanitary and phytosanitary (SPS) regulations; and provides strong intellectual property protections, including adoption of UPOV 91 requirements.
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