Abstract
After US President Trump announced the intention of his administration to either renegotiate or break the North American Free Trade Agreement (NAFTA), the renegotiation began in mid-August 2017 and concluded in late September 2018. NAFTA 2.0, henceforth known as the United States–Mexico–Canada Agreement (USMCA), was signed in November 2018. Following further negotiations, a Protocol of Amendment was concluded in December 2019. After being approved in its three states parties, the USMCA entered into force on July 1, 2020. The renegotiation of the NAFTA sparked a lot of interest. The introduction returns to the essentials of the NAFTA, considers its renegotiation, summarizes the main elements of the USMCA, while contrasting it with the NAFTA, and presents the various chapters of the book.
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Notes
- 1.
- 2.
The TPP grouped 12 countries of the Pacific rim: Australia, Brunei, Canada, Chile, Japan, Malaysia, Mexico, New Zealand, Peru, Singapore, the United States, Vietnam.
- 3.
Claims from existing investments remain eligible for arbitration under NAFTA provisions for three years from the termination of the agreement.
- 4.
The CETA groups Canada and the European Union.
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Gagné, G., Rioux, M. (2022). Introduction. In: Gagné, G., Rioux, M. (eds) NAFTA 2.0. Canada and International Affairs. Palgrave Macmillan, Cham. https://doi.org/10.1007/978-3-030-81694-0_1
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