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Jesús Seade Kuri, who serves as Undersecretary for North America at Mexico’s Ministry of Foreign Affairs, has played a major role in negotiations for the United States-Mexico-Canada (USMCA) trade deal which is due to replace the North American Free Trade Agreement (Nafta). Here is the update he provided at the Automotive Logistics Mexico 2020 conference.

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More Policy and regulation

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    Asean region now benefiting from Acts online customs trade tool

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    This week sees the launch of a new online customs transit management system in the 10-member Association of Southeast Nations (Asean), designed to accelerate trade in goods by road. The Asean Customs Transit System (Acts) enables private companies to make a single customers transit declaration that covers the transport of goods across multiple Asean countries without the need to make repeated customs declarations or change vehicles at each border. The online e-transit declaration can be made directly with Asean customs authorities. Companies can track the movement of their goods from loading at departure to delivery at the final destination.

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    Japan and the UK have secured a free trade agreement estimated to increase trade between the two countries by £15.2 billion ($19.25 billion). It will give UK companies exporting to Japan a competitive advantage in a number of areas as and promises to reduce duties and regulatory barriers on imported vehicles and parts from Japan. According to the UK government’s Department for International Trade, UK businesses will benefit from tariff-free trade on 99% of exports to Japan and government analysis shows that a deal with Japan would deliver a £1.5 billion boost to the UK economy

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