Article content

Mexico, Canada and the U.S. have all agreed to sign the USMCA regional trade accord on Tuesday, Mexican President Andres Manuel Lopez Obrador said in his daily press conference.

The deal will be signed by representative from each country Tuesday and must then be ratified by each one of their respective legislature. Representatives from both the U.S. and Canada are in Mexico City to sign the new agreement.

We apologize, but this video has failed to load.

tap here to see other videos from our team. Try refreshing your browser, or ‘We are ready to rock and roll’: Mexico says all three countries will sign new NAFTA deal today Back to video

Lopez Obrador said that more details would be available as talks advanced. Mexico’s Foreign Minister Marcelo Ebrard confirmed on Twitter that the negotiators would meet in the afternoon. Democrats in the U.S. Congress expressed confidence Tuesday that they can pass the deal as soon as next week.

According to the president, the new deal came after U.S. Democrats asked for labour guarantees and assurances that a labour reform bill passed by Mexico could be implemented. To answer concerns from U.S. lawmakers, Mexico produced a plan for implementation and set funds aside to support the reform on both a federal and local level.