“Nearshoring” in Mexico is currently a hot topic for multinational companies considering moving business and manufacturing closer to home. COVID-19-era global supply chain disruptions and changes to the global economy are causing companies to reexamine their sourcing options and relocating to Mexico has much appeal. According to an analysis by the McKinsey Global Institute, in 2021, American investors put more money into Mexico – buying companies and financing projects – than into China.
USMCA: The Labor and Employment Market and Rapid Response Labor Mechanisms (December 2, 2021)
In this Quick Chat video, Baker McKenzie’s Labor and Employment lawyers discuss several key aspects of the USMCA Free Trade Agreement, including the freedom of association, the recognition of the right to collective bargaining, including a discussion of workforce unions and employer compliance, the procedure for initiating a complaint under the Rapid Response Labor Mechanism and treaty trade sanctions.
Welcome to Quick Chats for the Mexican Workplace, Baker McKenzie’s Labor and Employment video chat series for Mexican employers. In each on-demand episode, our lawyers provide insights and quick, practical tips on today’s most pressing issues and legal developments impacting employers operating in Mexico, including COVID-19 reopening developments and other trending topics.
Part 1: How to Claim Preferential Tariff Treatment Baker McKenzie experts from Canada, US and Mexico deliver a 75-minute session to understand the impact of the agreement from a customs perspective in the midst of the COVID-19 pandemic. Panelists discuss the agreement’s most pressing issues in the customs landscape, including…
What has changed? On 10 December 2019, the United States, Canada and Mexico reached an agreement on a revised United States-Mexico-Canada Agreement (USMCA), which establishes a rapid response labor mechanism (RRLM) for dispute resolution for alleged violations of the right of freedom of association and the right to collective bargaining…