Alignment of Regulations Promises to Lead to Increased Growth and Job Creation
WASHINGTON, D.C.—The U.S. Chamber of Commerce welcomed the announcement of the United States-Mexico High Level Regulatory Cooperation Council (HLRCC) Work Plan, which significantly enhances the economic cooperation and competitiveness of the United States and Mexico. Implementation of the HLRCC Work Plan will simplify and streamline regulatory requirements between the United States and Mexico to better support economic growth and job creation, while simultaneously providing benefits to consumers, regulators, and businesses alike.
“Regulatory cooperation has become central to growth and jobs in our increasingly interconnected economy as regulatory frameworks across borders must be compatible for business compliance and consumer protection,” said Sean Heather, vice president for the U.S. Chamber’s Center for Regulatory Cooperation. “We look forward to working with both the U.S. and Mexican governments to see the Work Plan through to completion.”
The HLRCC Work Plan will streamline regulatory requirements in food safety modernization, e-certification for plants and plant products, trucking and transportation, nanotechnology, e-health, offshore oil and gas development standards, and the accreditation of conformity assessment bodies.
“Mexico is a key trading partner and, following the U.S.-Canada Regulatory Cooperation Council kickoff last month, we are strongly encouraged by the focus and dedication of the administration to cultivate trading relationships with our neighbors as a means to fuel growth and job creation,” said Jodi Bond, the U.S. Chamber’s vice president for the Americas. “The two-year Work Plan is a great start, and we hope it is only the beginning of a lasting process of regulatory cooperation with our closest neighbors.”
The U.S. Chamber of Commerce is the world’s largest business federation representing the interests of more than 3 million businesses of all sizes, sectors, and regions, as well as state and local chambers and industry associations.