Sunset clause debate --- Thank you Amb. Rana. I agree with you, there must be a level of trust between business partners. However, the USCMA, a modernized version of NAFTA, entered into force on Juanuary 1994, the Treaty has created millions of jobs, it has given stability and confidence to business groups and certainty to supply chains. I think in this particular case, a sunset clause could also damage the flow of investments because it would create a climate of mistrust and unknowns about the future of the agreement. I think the nature and objectives of a Treaty should be studied as well as its scope to accept an early termination clause instead of reviews that the USMCA does include.

Source author: Cecilia Treemonisha Barros Ruiz cbarros@sre.gob.mx