Two new Canadian proposals will test whether NAFTA talks have hope of success - News Summed Up

Two new Canadian proposals will test whether NAFTA talks have hope of success


Sources say the Canadians will suggest major changes to auto rules, and to the dispute-resolution system under Chapter 11. If the U.S. engages, the countries will finally, after five months of talks, be thrust into back-and-forth bargaining on the most troublesome sticking points in NAFTA. “We hope the others are as well.”Chapter 11 is one of three dispute-resolution systems in NAFTA, and governs companies suing states for unfair treatment. Sources say Canada intends to suggest a new, permanent tribunal system modeled on those in the Canada-European trade agreement. Canada has no plans to push the conversation on dairy, where the U.S. is demanding changes to the Canadian supply management system.


Source: National Post January 24, 2018 17:48 UTC



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