NAFTA: A Ten Year Perspective and Implications for the Future : Hearing Before the Subcommittee on International Economic Policy, Export and Trade Promotion of the Committee on Foreign Relations, United States Senate, One Hundred Eighth Congress, Second Session, April 20, 2004, Volume 4U.S. Government Printing Office, 2004 - 91 pages |
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arbitration filed Article Bergsten bilateral billion in 2003 border BRARY Canada and Mexico Canadian Canadian-American Business Council Chairman Chapter 11 CHUCK HAGEL Claim competitive CONG CONGRES CONGRESS THE LIBRARY create developing direct investment dollar domestic economic growth Economic Policy Institute employment environmental exports to Canada exports to Mexico Fred Bergsten Free Trade Agreement global impact important increased industry initial International Trade issues job loss labor LIBR LIBRARY OF CONGRESS look MANUEL ROSALES ment Mexican Mexico and Canada NAFTA agreement NAFTA countries NAFTA partners negotiating North American opportunities percent peso crisis political reforms ROSALES Secretary Aldonas sector Senator COLEMAN Senator HAGEL small businesses tariffs TERPSTRA textile Thank there's three countries tion trade and investment trade deficit trading partners U.S. dollar U.S. economy U.S. exports U.S. firms U.S. Government U.S. jobs U.S. manufacturing U.S. trade U.S.-Mexico United Vargo workers
Popular passages
Page 83 - fair and equitable treatment" and "full protection and security" do not require treatment in addition to or beyond that which is required by the customary international law minimum standard of treatment of aliens. 3. A determination that there has been a breach of another provision of the NAFTA, or of a separate international agreement, does not establish that there has been a breach of Article 1105(1).
Page 82 - Party may: (a) impose on an investor of another Party a requirement that a minimum level of equity in an enterprise in the territory of the Party...
Page 82 - Each Party shall accord to investments of investors of another Party treatment in accordance with international law, including fair and equitable treatment and full protection and security.
Page 82 - ... except for a public purpose, on a non-discriminatory basis, in accordance with due process of law and on payment of prompt, adequate and effective compensation.
Page 81 - Chase Is on for the Whole Enchilada," The Banker, June 1, 2004. and 1117.14 For NAFTA dispute settlement process purposes, the definition of investment is broadened to include minority interests, portfolio investment, and real property.15 In the event that a state breaches one of NAFTA Chapter ll's substantive obligations, the investor may initiate an ad hoc arbitration tribunal, pursuant to Article 1120. The tribunals operate under the arbitration rules of either the International Center for Settlement...
Page 21 - Through NAALC, the NAFTA partners seek to improve working conditions and living standards, and commit themselves to promoting principles that protect, enhance and enforce basic workers' rights. To accomplish these goals, the NAALC creates mechanisms for cooperative activities and intergovernmental consultations, as well as for independent evaluations and dispute settlement related to the enforcement of labor laws. Public submissions made under the NAALC have led to public hearings, ministerial consultations,...
Page 21 - O - 93 - 19 in which worker rights are defined, and of the prevailing labor management relations policies, processes, and practices. As part of this agreement, the US and Mexico are working together on a joint comparative...
Page 65 - On behalf of the 13 million working men and women of the AFL-CIO, I...
Page 58 - Mexico grew more than twice as fast as US exports to the rest of the world, accounting for 50 percent of the total 1994 gain in US exports.
Page 28 - CAFTA allows for largely tax-free trade among the United States and Costa Rica, the Dominican Republic, El Salvador, Guatemala, Honduras and Nicaragua.