What Type Of Agreement Is Nafta
Controversy over the provisions of the Treaty on the Application of Environmental Protection remained high in the late 1990s. North American trade interests have tried to weaken a major NAFTA agreement on environmental protection and enforcement. This agreement – one of the few provisions welcomed by environmental groups allows groups and ordinary citizens to criticise Member States for not enforcing their own environmental laws. A three-country environmental cooperation commission is tasked with investigating these allegations and disclosing public reports. “This process is slow, but the embarrassment factor has proven surprisingly high,” Business Week noted. Since 2005, the U.S. government has opposed NAFTA revisions. But the Canadian government and many companies in the three countries continue to work to amend this agreement. Fifth, all NAFTA countries were required to respect patents, trademarks and copyrights. At the same time, the agreement ensured that these intellectual property rights did not affect trade.
Since NAFTA was adopted, U.S. trade interests have often expressed very satisfaction with the agreement. Trade has grown strongly between the three NAFTA nations, but this increase in trade activity has led to growing trade deficits for both the United States with Canada and Mexico-;d the United States imports more from Mexico and Canada than it exports to these trading partners. Critics of the agreement argue that NAFTA is at least partly responsible for these trade deficits and the striking job losses in U.S. manufacturing over the past decade. But before NAFTA, manufacturing jobs were starting to shrink. The NAFTA debate continues. One of the criticisms of NAFTA is the destruction of American jobs. Critics say the agreement led to the relocation of U.S. jobs to Mexico, even after the participating countries signed the North American agreement on cooperation at work. The agreement also provided for administrative, civil and criminal sanctions against companies that violated one of the customs regimes and agreed standards.