In a move that is strongly opposed by US textile manufacturers, the chairman of the House Ways and Means Committee has introduced legislation that will make major changes in the textile provisions of two trade agreements and also promote investments in African facilities by US companies.
San Francisco Chronicle
An estimated 1.5 million agricultural jobs have been lost since NAFTA went into effect in 1994.
Felipe Calderon’s contested, razor-thin victory in Mexico’s presidential election last month is likely to force his attention toward the underdeveloped south, where poor farmers want to renegotiate the North American Free Trade Agreement.
With the thorough integration of the Canadian and US economies through NAFTA, and a common military command and control structure, Canadian sovereignty will cease to exist by definition.
CBD Biosafety Clearinghouse
Agreement between the US, Canada, and Mexico with respect to the documentation requirements of the Cartagena Protocol on Biosafety pertaining to living modified organisms intended for direct use as food or feed or for processing (LMO/FFPs), signed in October 2004.
Canadian Business Online
The head of Canada’s largest stock exchange wants Prime Minister Stephen Harper to discuss the possibility of adding securities trading to the North American Free Trade Agreement when he meets with US President George W Bush next month.
With the world’s two big multi-country trade liberalization talks stumbling or moribund, Canada’s new government should fire up action on bilateral and smaller regional free-trade deals.
US drug agents say that free trade with Mexico has had an ugly and unintended consequence: Just as legitimate business people have flocked to Nuevo Laredo, so have criminals.
St Louis Post Dispatch
But in just over a decade, an estimated 1 million farmers in rural Mexico have lost their livelihoods.