To revitalize trade between the United States and Mexico and to stimulate the international competitiveness of both countries.
United States-Mexico Co-Production Act - Authorizes the President to negotiate an agreement with Mexico for the implementation of co-production ventures (ventures for producing products or providing services with the optimal use of labor, materials, and capital from both countries). Sets forth specific requirements for such agreement relating to trade and income tax incentives, including duty-free treatment and elimination of all non-tariff barriers on articles of the respective countries.
States that such an agreement shall not enter into force until the President submits the implementing bill and other related information to the Congress and the bill is enacted into law. Provides for expedited consideration of the implementing bill.
Requires the President to report periodically to the Congress, detailing progress in negotiations.
Introduced in House
Introduced in House
Referred to the House Committee on Ways and Means.
Referred to the House Committee on Rules.
Referred to the Subcommittee on Trade.
Referred to the Subcommittee on the Legislative Process.
Referred to the Subcommittee on Rules of the House.
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