“What’s Next for NAFTA?” FITT Trade Elite Chat Recap
Last Thursday I was a panellist for the Forum for International Trade Training’s (FITT) Trade Elite Twitter Chat on “What’s Next for NAFTA” – the North American Free Trade Agreement which comprises the United States (US), Canada and Mexico.
My fellow panellists were Horacio Lopez-Portillo, a Partner at Vazquez, Tercero and Zepeda in Mexico City, John Boscariol, Partner and leader of the International Trade and Investment Law Group at McCarthy Tetrault LLP in Toronto, Joy Nott, the President and CEO of the Canadian Association of Importers and Exporters (I.E. Canada) in Toronto and Paola Viviana Murillo, the Founder and Director of Latincouver. The moderator was Jon Yormick, Special Counsel for Phillips Lytle LLP.
The topic is timely in light of new US President Donald Trump’s sustained criticism of NAFTA and his call for a renegotiation of the over two-decades old agreement. The discussion focused on issues surrounding the strengths and weaknesses of NAFTA in its current dispensation, whether there was the need for a NAFTA 2.0, whether other more modern free trade agreements like the recently concluded EU-Canada Comprehensive Economic and Trade Agreement (CETA) could serve as useful models for a NAFTA 2.0,how issues such as e-commerce, labour, services and the environment should be addressed, and how much blame should really be placed on NAFTA for job losses.
Please feel free to read FITT’s recap of the robust discussion on their website here. Further information on FITT’s past and upcoming Tradeelite Chats can also be found in the FITT website at the previous link.
Alicia Nicholls, B.Sc., M.Sc., LL.B., is a trade and development consultant with a keen interest in sustainable development, international law and trade. You can also read more of her commentaries and follow her on Twitter @LicyLaw.