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Intent to Renegotiate NAFTA Sent to Congress

Posted By Chris Greissing, Friday, May 19, 2017

On Thursday, newly confirmed U.S. Trade Representative Robert Lighthizer sent a notification to Congressional Leadership informing them of the Administration’s intent to enter renegotiations on the North American Free Trade Agreement (NAFTA).  This begins the 90 day window of consulting with Congress ahead of formal negotiations with Canada and Mexico on a new agreement.  

 

Trade Representative Lighthizer has indicated that the intent is to modernize the agreement by building on aspects that have worked, and revisit, change and improve aspects that have been negative for the U.S.  The letter stated that the Administration would focus on including provisions to address intellectual property rights, regulatory practices, state-owned enterprises, services, customs procedures, sanitary measures, labor and environment issues.

 

IMA-NA will be following this issue very closely in the coming months.  If there are particular issues or concerns your companies have, please let us know so we can be sure to track those issues and develop appropriate positions.  

 

The letter of Intent sent to Congressional Leadership is attached.  

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