NAFTA 2.0 – Round Two of Negotiations

Posted by Jonathan Dicks on Thu, Sep, 14 2017 @ 2:30 PM

The second round of the NAFTA Modernization negotiations concluded on September 5th in Mexico City. Although progress was declared by the three parties, they have chosen to postpone discussions of major sticking points. The second round of negotiations included tabling two dozen drafts for a modernized NAFTA agreement.

Chief U.S. negotiator and US Trade Representative Ambassador Robert Lighthizer, concluded the second round on a conciliatory note. In his closing statement, Lighthizer indicated that the United States, Mexico, and Canada “found mutual agreement on many important issues.”

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Topics: Free Trade Agreements

NAFTA 2.0 – Round One of Negotiations

Posted by Jonathan Dicks on Tue, Aug, 29 2017 @ 1:33 PM

The first round of negotiation meetings of North American Free Trade Agreement (NAFTA) 2.0 were held in Washington D.C. on August 16-20, 2017. The negotiating parties convened to modernize the NAFTA agreement (implemented in 1994) at the request of the Trump Administration. Trump has repeatedly threatened to withdraw from the Agreement, unless new terms (favorable to the U.S.) are struck.

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Topics: Import Compliance, Export Compliance, Trade Regulatory Content, Free Trade Agreements

What Importers and Exporters Need to Know About the WTO Trade Facilitation Agreement (TFA)

Posted by Jonathan Dicks on Thu, Feb, 23 2017 @ 3:45 PM

Billed as a “major milestone for the global trading system”, the World Trade Organization (WTO) Trade Facilitation Agreement (TFA) entered into force on February 22, 2017. It is the first multilateral agreement concluded since the creation of the multi-country trade-focused body in 1995. The TFA negotiations concluded during the Bali Ministerial Conference in 2013, but finally went into force yesterday after two-thirds of its members ratified the agreement.

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Topics: Duty Management, Global Trade Management, Free Trade Agreements