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Changes to Environmental Provisions of the USMCA Trade Agreement

By Erick Hernández Gallego & Rubén Alejandro Ortiz Cervera on May 18, 2020
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The original text of the United States-Mexico-Canada Trade Agreement (“USMCA”) was amended by the Parties to the Agreement to clarify certain commitments made with respect to environmental and trade matters.  These amendments sought to clarify that the Agreements listed below could not be used to impair, modify or reduce the rights of investors and their investments made in accordance with the provisions of USMCA:

  • Convention on International Trade in Endangered Species of Wild Flora and Fauna (CITES), done at Washington, March 3, 1973.
  • Montreal Protocol on Substances that Deplete the Ozone Layer, agreed in Montreal, September 16, 1987.
  • Protocol of 1978 Relating to the International Convention for the Prevention of Pollution from Ships, done at London, February 17, 1978.
  • Ramsar Convention on Wetlands of International Importance especially as Waterfowl Habitat, signed at Ramsar, Feb. 2, 1971.
  • Convention on Antarctic Marine Living Resources, formed in Canberra, May 20, 1980.
  • International Whaling Convention, signed in Washington, Dec. 2, 1946.
  • Inter-American Tropical Tuna Convention, signed in Washington, May 31, 1949.

Read the full GT Alert here.

Photo of Erick Hernández Gallego Erick Hernández Gallego

Erick Hernández represents domestic and international clients on environmental and energy matters, including corporate finance, healthcare, regulatory compliance and real estate matters. Erick has represented clients in several project finance, mergers and acquisitions and electric energy tenders, as well as hydrocarbons tender procedures…

Erick Hernández represents domestic and international clients on environmental and energy matters, including corporate finance, healthcare, regulatory compliance and real estate matters. Erick has represented clients in several project finance, mergers and acquisitions and electric energy tenders, as well as hydrocarbons tender procedures, both in accordance to the new energy reform in Mexico.

Read more about Erick Hernández GallegoEmail
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Rubén Alejandro Ortiz Cervera

Rubén Ortiz focuses his practice on environmental, energy, regulatory and real state matters.

Rubén has assisted national and foreign clients on matters related to waste management, construction of telecommunication networks, infrastructure developments at the Federal Maritime Terrestrial Zone and natural protected areas, construction…

Rubén Ortiz focuses his practice on environmental, energy, regulatory and real state matters.

Rubén has assisted national and foreign clients on matters related to waste management, construction of telecommunication networks, infrastructure developments at the Federal Maritime Terrestrial Zone and natural protected areas, construction and operation of wind and solar farms on environmental matters, as well as obligations related to the transportation and supply of oil and gas. He has participated on multiple due diligence processes on environmental, energy and regulatory matters.

Read more about Rubén Alejandro Ortiz CerveraEmail
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  • Posted in:
    Business and Commercial
  • Blog:
    E2 Law Blog
  • Organization:
    Greenberg Traurig, LLP
  • Article: View Original Source

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