Economic Partnership Agreement

Canada and Mexico Sign Economic Agreement: Reactions and Implications

Building upon their strong economic partnership, Canada and Mexico have recently signed a significant agreement to bolster economic and security ties. This partnership is particularly crucial given the upcoming renegotiation of the USMCA trade agreement, which faces potential challenges. The accord focuses on expanding trade through diverse supply chains, increased port access, and joint ventures targeting Latin American and Asian markets, while also addressing critical security issues like opioid trafficking and migrant worker programs. With public consultation underway regarding the USMCA’s future, further meetings between Canadian and Mexican officials are anticipated to address various sectors like health and energy.

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Ukraine, US Sign Preliminary Minerals Deal Amidst Concerns of Exploitation

A memorandum of intent outlining a joint US-Ukraine development of Ukraine’s natural resources was signed on April 17, 2025. The agreement, signed virtually by Ukrainian Minister Svyrydenko and US Treasury Secretary Bessent, lays the groundwork for a broader economic partnership agreement. This initiative also includes the creation of a reconstruction investment fund for Ukraine. While specifics remain undisclosed, the agreement promises mutual benefits for both nations. Further details regarding the contents of the deal are pending.

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