The United States, Mexico, and Canada have reached an agreement to modernize the 24-year-old NAFTA into a 21st century, high-standard agreement. The new United States-Mexico-Canada Agreement (USMCA) will support mutually beneficial trade leading to freer markets, fairer trade, and robust economic growth in North America.
Key Achievement: Most Comprehensive Enforcement Provisions of Any Trade Agreement
For the first time, a trade agreement will require all of the following:
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Ex officio authority for law enforcement officials to stop suspected counterfeit or pirated goods at every phase of entering, exiting, and transiting through the territory of any Party.
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Express recognition that IP enforcement procedures must be available for the digital environment for trademark and copyright or related rights infringement.
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Meaningful criminal procedures and penalties for unauthorized camcording of movies, which is a significant source of pirated movies online.
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Civil and criminal penalties for satellite and cable signal theft.
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Broad protection against trade secret theft, including against state-owned enterprises.
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