Mexico to Launch Business Consultations Ahead of USMCA Review

The Ministry of Economy announced it will begin a consultation process with the private sector to shape Mexico’s position ahead of the upcoming review of the United States–Mexico–Canada Agreement (USMCA). The initiative seeks to gather proposals from companies across multiple industries to build a unified national stance that reflects the country’s economic interests and trade realities.

The consultations will include firms from roughly thirty strategic sectors that play a central role in North American trade, such as automotive, aerospace, food processing, energy, agribusiness, chemicals, plastics, and logistics. Business chambers, trade associations, cross-border companies, and state governments will also take part.

To ensure broad participation, the Ministry plans to hold regional forums in all 32 Mexican states, in coordination with local authorities. This decentralized approach is intended to capture each region’s specific trade and production dynamics.

The purpose of this exercise is to identify strengths and weaknesses in the current implementation of the USMCA, ongoing challenges that industries face amid global market shifts, and potential improvements or adjustments Mexico could promote during the review process. The consultations will take place throughout October, with participants able to submit feedback in person or electronically through official channels.

Under the terms of the agreement, the USMCA is subject to a review every six years, with the next one scheduled for July 2026. Although this review does not necessarily imply a renegotiation, it allows the three countries to assess progress, correct deficiencies, and update specific provisions in response to new economic and trade developments.

Mexican authorities consider this consultation process a strategic step to prepare for the trilateral dialogue at a time of significant global trade uncertainty and evolving international regulations. By involving the private sector, the government aims to base its position on firsthand operational experience, ensuring that any proposals reflect the realities of industry.

Ultimately, Mexico’s effort to engage companies of all sizes marks the beginning of a broader strategy to present a strong, well-founded position during the upcoming USMCA review—one built on consensus and aligned with national economic priorities.