WASHINGTON – Today, ITI applauded the U.S. House of Representatives on its approval of the United States-Mexico-Canada Agreement (USMCA). The historic agreement, which now heads to the U.S. Senate for ratification, will modernize North America’s trade relationship, support the U.S. economy, and bring predictable rules for all companies that use digital technologies in North America.
“The USMCA reflects the importance of data, technology, and innovation to the North American economy,” said Jason Oxman, President and CEO of ITI. “The landmark agreement represents a key step forward for U.S. leadership in innovation and digital trade, offering first-of-its-kind, cutting-edge digital trade provisions that recognize the reality of the 21st century economy. U.S. companies of all sizes and across all industries leverage technology and can expect to benefit from its forward-looking approach. Importantly, the USMCA would boost the U.S. economy and competitiveness around the world, and preserve and strengthen the United States’ economic relationship with Canada and Mexico. We respectfully urge the U.S. Senate to secure its ratification in a swift and timely manner.”