The North American Free Trade Agreement (NAFTA) has fostered cooperation between the United States and Mexico and increased integration between our economies.
For example, in the last three years alone, the United States has resolved a number of our thorniest trade issues with Mexico:
In January 2006, the United States and Mexico signed a bilateral agreement on trade in tequila, which will ensure that U.S. bottlers can continue to import tequila in bulk form.
In March 2006, the United States and Mexico signed a three-year agreement to promote bilateral trade in cement. The agreement allowed for additional supply of cement at a time of strong domestic demand following the devastation of Hurricanes Katrina and Rita. As of April 1, 2009, the agreement's obligations were successfully fulfilled. Pursuant to the terms agreed to by both governments and their respective cement industries, all NAFTA and WTO litigation on cement from Mexico, which had stretched back 16 years, was ended and the underlying antidumping duty order revoked.
In July 2006, the United States and Mexico reached an agreement on trade in sweeteners, which put the two countries on a glide path towards full and successful implementation of the NAFTA sugar provisions in 2008.