The new North American trade agreement isn’t even in effect yet and the Trump administration is warning Canada and Mexico they might face legal actions under the pact.
The 15 governments must consider the adverse impact of the mega FTA and put an end to trade agreements such as RCEP as they only increase protection and power of multinational corporations.
Amid the pandemic Covid-19 outbreak with the protocol health of all States, the trade negotiations for the Regional Comprehensive Economic Partnership (RCEP) is still ongoing. The Government should use the momentum of the pandemic to assess thorough draft related agreements RCEP.
NAFTA and other trade deals have been a disaster for American workers. Unregulated global trade consequences have led to worldwide criminal-level labor exploitation.
A comparative analysis of treaty texts and their potential practical implications.
The announcement came three days after the US government launched a campaign to get Mexico to reopen plants, suggesting the supply chain of the North American free trade zone could be permanently affected.
Thailand loses duty free access for 42.2 billion baht in exports to the US market from today, unless the kingdom committed to labour rights reforms.
Lopez Obrador said the government was reviewing the matter in the context of the entry into force of the United States-Mexico-Canada Agreement, a trade deal due to replace the 1994 NAFTA.
The US pressed Mexico to reopen border assembly plants that are key to the US supply chain, as part of the North American free trade zone.
Maquiladoras which avoid most tariffs because their finished products are for export only, have boomed since the 1994 North American Free Trade Agreement.
The UK Trade Union Congress and its US counterpart, the AFL-CIO, have warned the White House and Downing Street that any trade deal between the UK and USA must put workers’ jobs and rights first.
PACER-Plus itself achieved little by way of actual improvements for Pacific Islander workers to access the labour markets of Australia and New Zealand.
The sustainable impact assessment report of the free trade agreement between the European Union and Indonesia is not easy to find. Yet some of its findings are quite worrying.
The European Commission, which is responsible for negotiating the EU’s free trade deals, recognises Vietnam’s human rights record as a cause for concern. It stresses, however, that the deal will provide a platform to address such issues.
A future US-UK trade agreement must incorporate strong provisions on worker rights, environmental protection, US House Ways and Means Committee Chairman said.
The EU Commission fails to enforce trade agreements’ social and environmental norms. Just look at the case of South Korea.
Australia has yet to show any serious interest in recognising the potential negative impacts of trade policies on gender or take steps to systematically assess these. A gender equitable trade policy is possible. But it would look nothing like the RCEP.
Australia turned down the UK’s appeal for freedom of movement between the two countries.
On paper, Mexican workers should be big winners from the new Nafta. They’re not holding their breath.
Mexico said it was satisfied by US assurances it was not sending inspectors.