DEC 10, 2019 | US
Tech Firms Buoyed by Democratic Backing of North America Trade Deal
MLEX, December 10, 2019
By Kat Lucero
The US-Mexico-Canada Agreement, or USMCA, contains the most robust set of digital provisions in any international trade accord, including the Comprehensive and Progressive Agreement for Trans-Pacific Partnership that took effect last year. It would replace the existing North American Free Trade Agreement, or NAFTA, which took effect in 1994. When NAFTA was being negotiated, the “digital revolution was in its infancy,” the Office of the US Trade Representative said in a statement.
The software industry welcomed the announcement. “The software that powers our daily lives depends on the rapid and seamless movement of data across borders,” said Craig Albright, vice president of legislative strategy at BSA | The Software Alliance.
BSA | The Software Alliance (www.bsa.org) is the leading advocate for the global software industry before governments and in the international marketplace. Its members are among the world’s most innovative companies, creating software solutions that spark the economy and improve modern life.
With headquarters in Washington, DC, and operations in more than 30 countries, BSA pioneers compliance programs that promote legal software use and advocates for public policies that foster technology innovation and drive growth in the digital economy.