PlasticsEdge™ Lead Generation Program: Call 978-342-9000 for details or email [email protected]
Plastics-News-Today-Plastics-industry-supports-US-Mexico-trade-deal The Plastics Industry Association (Plastics) has given its support to the US’ recent bilateral agreement with Mexico, announcing as a ‘step in the right direction’ for the plastics industry.
The support from Plastics is for the revised deal between the US and Mexico which modernises the North American Free Trade Agreement (NAFTA).
Last year, Plastics and two other leading industry associations outlined what they expected from the trade deal, amongst which included a continued support of the industry; aligned regulations allowing companies to easily operate across borders; no new tariffs and simplified trade and customs documentations.
Now Plastics has responded to the agreement, stating: “The North American plastics industry has always stood firm in its support of modernizing the North American Free Trade Agreement (NAFTA), having outlined our priorities more than a year ago when the process of renegotiation first began.
“While we look forward to Canada’s involvement in finalising the pact, today’s announcement of a bilateral agreement between the U.S. and Mexico is a step in the right direction toward a truly modern agreement that can deliver for the workers, families and communities who depend on the nation’s plastics industry.
“We are pleased to see progress toward the goal of building a strong, up-to-date trade agreement that’s better suited to today’s supply chain than the existing regime, and we applaud negotiators for their commitment to finding agreeable solutions that will benefit companies and workers in both countries.”
The new trade deal mainly involves the automotive industry but technology companies will be affected through new measures to do with IP, trade secrets and digital trade.
The NAFTA agreement includes trade agreements between the US, Canada and Mexico, but the revised version casts doubt on Canada’s inclusion. President Trump has stated that the US is willing to move ahead with a bilateral agreement solely between the US and Mexico if Canada doesn’t agree to the deal’s terms.
See the ‘Source Link’ for the full article.

0 Comments

Submit a Comment

Your email address will not be published. Required fields are marked *

The Revolutionary Past of Plastics

daily.jstor.org — From disposable straws to lifesaving medical...

Essentra Extrusion Sold To Inter Primo In EUR16 Million Deal

LONDON (Alliance News) - Essentra PLC on Tuesday said is has...

A ‘cast PU elastomer’ that can be injection moulded

plasticsnewseurope.com/ — Lanxess AG has developed a low free...

Plastic straws rank low among consumer concerns

PlasticsToday.com — What do you feel guilty about? Since you’re...

Is Milacron Holdings Corp (NYSE:MCRN)’s Fuel Running Low?

Makdaily.com — The stock of Milacron Holdings Corp (NYSE:MCRN)...

Single-ion conducting polymer electrolytes

ScienceDirect.com — Solid single-Li+-ion conducting polymer...

Functional Natural and Synthetic Polymers

Advancedsciencenews.com — Highly specialized polymers with specific...

New Frontiers for Recyclable Polymers

Flinders University — Many modern plastics, rubbers and ceramics...

Krauss-Maffei Corp. president Paul Caprio stepping down

Canplastics.com — Paul Caprio, president of processing machinery...

Prodways Begins Work on Autonomous Dental 3D Printing

France — Since it was acquired by Groupe Gorgé in 2013, Prodways has...