ROSSLYN, Va., December 10, 2019—Today the National Electrical Manufacturers Association (NEMA) welcomed announcements by U.S. Trade Representative Robert Lighthizer and Speaker of the House of Representatives Nancy Pelosi (D-CA) of compromises reached to expedite favorable consideration in Congress of the U.S. Mexico Canada Agreement (USMCA).
“We applaud all parties for their strenuous and successful efforts to find common ground and advance USMCA,” said NEMA President and CEO Kevin J. Cosgriff. “We look forward to favorable consideration and approval by the U.S Congress as soon as possible.”
USMCA, as agreed and signed in November 2018, builds on and is intended to replace the North American Free Trade Agreement. USCMA includes many provisions that will advance North American cooperation and boost the region’s global competitiveness. Once submitted to Congress under exclusive authority, legislation to implement USMCA is expected to move rapidly since amendments are not allowed.
The National Electrical Manufacturers Association (NEMA) represents nearly 325 electrical equipment and medical imaging manufacturers that make safe, reliable, and efficient products and systems. Our combined industries account for 370,000 American jobs in more than 6,100 facilities covering every state. These industries produce $124 billion in shipments and $42 billion in exports of electrical equipment and medical imaging technologies per year.