USMCA Lauds the Irreplaceable Role of Centralized Regulatory Review
Editor’s Note: The complete text of the United States-Mexico-Canada Agreement (USCMA) is available here. The following is an excerpt from Chapter 28, Good Regulatory Practices. [Emphasis added]
Article 28.3: Central Regulatory Coordinating Body
Recognizing that institutional arrangements are particular to each system of governance, the Parties note the important role of their respective central regulatory coordinating bodies in promoting good regulatory practices among their regulatory authorities; performing key advisory, coordination and review functions to improve the quality of regulations; and developing improvements to their regulatory system. The Parties intend to maintain their respective central regulatory coordinating bodies, within their respective mandates and consistent with their law.