United States-Mexico Co-Production Act

[AI summary unavailable — showing source text] United States-Mexico Co-Production Act - Authorizes the President to negotiate an agreement with Mexico for the implementation of co-production ventures (ventures for producing products or providing services with the optimal use of labor, materials, and capital from both countries). Sets forth specific requirements for such agreement relating to trade and income tax incentives, including duty-free treatment and elimination of all non-tariff barriers on articles of the respective countries. States that such an agreement shall not enter into force until the President submits the implementing bill and other related information to the Congress and the bill is enacted into law. Provides for expedited consideration of the implementing bill. Requires the President to report periodically to the Congress, detailing progress in negotiations.…