North America Free Trade Agreement | US-Mexico-Canada Agreement
US pharmaceutical giant Eli Lilly and Co. has escalated a challenge it launched last year against Canada’s patent rules under the North American free-trade agreement, and is now demanding $500-million in compensation after the company lost its Canadian patents on two drugs.
Canadian and U.S. efforts to strike free trade deals with Europe must eventually be harmonized into a North American agreement involving Mexico, a former Mexican diplomat said Wednesday.
The pace to negotiate bilateral or plurilateral free trade agreements has been accelerating rapidly over the last month as the big trading blocs seem eager to position themselves in the race for market access and standards. Special report for Intellectual Property Watch.
Capitalism and the racing pace of technology at the service of maximizing profits have come together to form a super-crisis of waste and destruction. We can use corn as an example
Cargill has reached a settlement with Mexico in a dispute that resulted in a $77 million arbitration award for the US agribusiness company
A US-incorporated energy firm, Lone Pine Resources Inc., is taking on Quebec’s stand against fracking, saying it violates the North American free-trade agreement and demanding more than $250-million in compensation.
US agribusiness company Cargill Inc. filed a suit in a US court on Tuesday to compel Mexico to pay a $94.6 million award over trade barriers the company says Mexico put up against high-fructose corn syrup from 2002 to 2007.
In an era of food crisis, the fight for corn has intensified, and the importance of this grain—a staple in the Mexican diet and a large part of the world—has been revealed to the fullest extent.
Is it an exaggeration to speculate that drug trafficking and exploitative globalized corporate practices formalized under free-trade agreements (grounded in a race to the bottom on labor costs and environmental degradation) are two sides of the same profiteering coin?
The case is a win for oil companies in their tug-of-war over revenues with the government of Newfoundland and Labrador. But it also illustrates how Ottawa always ends up with the bill when provinces violate the terms of trade agreements that they didn’t sign.
According to "Exporting Obesity," a recent paper from the Institute for Agriculture and Trade Policy, the North American Free Trade Agreement, or NAFTA, allowed the U.S. to send even more of its massive quantities of corn, soybeans, sugar, meat, and other foods to Mexico. An influx of cheap calories helped to push Mexico’s obesity rate upward.
The claim that all economists agree that "the benefits of free trade and NAFTA far outweigh the costs" is highly misleading, writes Dean Baker.
While bilateral initiatives have dominated North American issues over the last couple of years, the trilateral relationship has suffered. With a series of high-level meetings, the U.S., Canada and Mexico are taking steps to boost the NAFTA partnership.
"Why do we need tomatoes from Guatemala? What are we trying to accomplish?" asks Florida grower Tony DiMare
For nearly two decades, Smithfield has used NAFTA and the forces it unleashed to become the world’s largest packer and processor of hogs and pork. But the conditions that helped Smithfield make high profits plunged thousands of rural Mexicans into poverty.
A Mexican truck crossed into the U.S. on Friday bound for the nation’s interior, fulfilling a long-delayed provision of the North American Free Trade Agreement that had been stalled for years by concerns it could put highway safety and American jobs at risk.
Although Canada and Mexico make extraordinarily large contributions to America’s economic strength, homeland security and international effectiveness, they have virtually no influence in Washington’s corridors of power.
"Assuming this free-trade agreement gets passed, this will increase imports from Colombia to the United States ... and Canada will pay for the cost of Colombian goods shipped to the US," said Birgit Matthiesen, a US-based adviser for the Canadian Manufacturers and Exporters, a Canadian business lobby.
Obama does not mention that FTAs traditionally have prompted US companies to transfer their manufacturing processes to countries with lower wages, rather than noticeably creating jobs in this country, writes COHA
We sift through the facts and myths of free trade agreements with Laura Carlsen, director of the Americas Program of the Center for International Policy and a columnist for Foreign Policy in Focus.