North America Free Trade Agreement | US-Mexico-Canada Agreement
Mexico is the clearest example of the consequences treaties could have on the economic, political and financial life of a nation and its society.
Food companies are infiltrating, inundating and taking over traditional food distribution channels and replacing local foods with cheap, processed junk foods. Free trade and investment agreements have been critical to their success.
After Mexico, the United States and Canada signed the FTA, in the agricultural sector alone five million workers lost their jobs in Mexico and they were forced to migrate.
A NAFTA arbitration panel has ruled against Canada in a claim by a US company that wanted to develop a quarry in Nova Scotia, although a dissenting member of the panel warned that the decision will be seen as a “remarkable step backwards” in environmental protection.
ExxonMobil and Murphy Oil awarded $17.3 million in damages from Canada in investor-rights dispute over research and training funding in Newfoundland and Labrador.
In 2014, countries concluded one international investment agreement every other week. Investors continue to use investor-State dispute settlement, but the number of new cases does not reach the record high of previous years.
The association representing California wine producers has called on Premier Christy Clark to revoke or modify plans to favour the sale of B.C. wines in grocery stores claiming that "they violate Canada’s international trade obligations including NAFTA, GATT and the EU-Agreement on wine sales".
Study charts foreign corporations’ growing use of NAFTA’s investor protections to sue governments over environmental and economic regulations
India and the US have reaffirmed commitment to the long-pending Bilateral Investment Treaty with PM Modi conveying to secretary of state John Kerry that New Delhi was prepared to hold early talks for the same.
Canada is trying to stop NAFTA’s environmental watchdog from taking a closer look at the environmental effects of the huge tailings ponds produced by Alberta’s oilsands, and it appears Mexico and the US will go along with efforts to stop a formal investigation.
A new US-Mexican government pact will limit supplies of sugar from Mexico via NAFTA and drive US manufacturers to seek supplies from Australia and Canada through the Trans-Pacific Partnership, according to the Sweetener Users Association (SUA), which represents candy makers like the Hershey and Mars.
Forcing companies to adhere to Washington’s "Buy America" policy outside US borders goes too far, Canadian officials say.
The European Commission’s claim that threats posed by the investor-state dispute settlement system can be fixed by “improving” ISDS provisions in trade pacts has already been proved false, says Public Citizen
New restrictions on Mexican sugar imports undermine the government’s negotiating position in free trade talks.
Europe’s sugar industry fears there could be sugar imports from the combined US and Mexican market if sugar is becomes part of the ongoing Trans-Atlantic Trade and Investment Partnership negotiations.
From a Canadian perspective, the Eli Lilly case has provided a powerful reminder that the risks associated with ISDS may outweigh the benefits with legal cases that can take decades to resolve.
As a result of the North American Free Trade Agreement and other factors, Mexico has already more than doubled its imports of US corn this year.
US policy—specifically the militarization of the border since NAFTA—has strengthened cartels’ power and enabled them to diversify their operations deeper into the legal economy.
Mexico’s apple industry is the latest victim of NAFTA — and trying to fight back.
The deep integration of the continent makes a continental labour response necessary and possible. However, the prospects of such a response depend on the political evolution in the Mexican working-class on both sides of the border, the political evolution of unions in North America, and more general developments in the politics and economy of each country.