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Introduction to the United States-Mexico-Canada Agreement: Understanding the New NAFTA [Pehme köide]

  • Formaat: Paperback / softback, 288 pages, kõrgus x laius: 198x129 mm
  • Ilmumisaeg: 12-Feb-2021
  • Kirjastus: Edward Elgar Publishing Ltd
  • ISBN-10: 1800884540
  • ISBN-13: 9781800884540
Teised raamatud teemal:
Introduction to the United States-Mexico-Canada Agreement: Understanding the New NAFTASuurem pilt
  • Formaat: Paperback / softback, 288 pages, kõrgus x laius: 198x129 mm
  • Ilmumisaeg: 12-Feb-2021
  • Kirjastus: Edward Elgar Publishing Ltd
  • ISBN-10: 1800884540
  • ISBN-13: 9781800884540
Teised raamatud teemal:
Püsilink: https://www.kriso.ee/db/9781800884540.html
The United States-Mexico-Canada Agreement (USMCA), a modified and modernized version of the North American Free Trade Agreement (NAFTA), will continue to govern most economic relationships in North America, including the more than $1.3 trillion in annual regional trade in goods and services, for the foreseeable future.

USMCA preserves the bulk of the NAFTA structures that permit North American manufacturers to compete effectively with their European and Asian counterparts in North American and foreign markets. Once in effect, USMCA should largely resolve the chilling effect on investment and new hiring generated by three years of uncertainty over NAFTA's future.

This book provides a detailed analysis and critique of the provisions of the USMCA and the USMCA's relation to NAFTA. It is designed to assist lawyers and non-lawyers alike, including law, economics and public policy scholars, business professionals and governmental officials who require an understanding of one of the worlds' most economically and politically significant regional trade agreements.

Arvustused

'This timely commentary on the USMCA is comprehensive and detailed - and yet straightforward to read. Thanks to his decades of experience, Gantz is able to explain not only how the USMCA differs from NAFTA, but also how these changes reflect the policy objectives of its parties. Gantz has written an invaluable guide for trade law specialists and non-specialists alike.' --Lorand Bartels, Cambridge University, UK'The world's leading expert on free trade agreements, Professor David Gantz, has produced yet another world-class book on this subject. Through careful scholarly research, he offers the international trade community a thorough, critical analysis of NAFTA 2.0, that is, the USMCA. What is the same? What is different? What explains the continuities and changes? Are they positive or negative? In his characteristically clear, jargon-free style, Professor Gantz addresses these questions, and more, across 11 chapters covering market access, special sectors (energy, agriculture, textiles and apparel, IP, and services), labor and the environment, and dispute settlement. Integrating his five decades of unique practical experience, his new work is a special - and indispensable - gem.' --Raj Bhala, University of Kansas Law School, US and Dentons US LLP

About the author xi
Preface xii
Table of cross-referencing
xviii
List of abbreviations
xxi
1 Overview of "NAFTA 2.0"
1(23)
I Introduction
1(3)
II Positive changes in USMCA compared to NAFTA
4(6)
A Modernization of NAFTA 5 B Enhanced Labor and Environmental Protection
6(2)
C Currency Manipulation
8(1)
D Agriculture
9(1)
III The downsides of USMCA
10(9)
A Automotive Rules of Origin and Related Restrictions
10(4)
B Reduced Investor Protections
14(1)
C Hydrocarbon Sector Investment in Mexico
15(2)
D Sixteen-Year Sunset Clause
17(1)
E Ten-Year Term for Protection for Biologic Drugs (Deleted)
17(1)
F Prohibition of Mexico or Canada from Concluding an FTA with a Non-Market Economy (e.g., China)
18(1)
G Steel and Aluminum Tariffs
19(1)
IV Preserving certain key aspects of NAFTA
19(4)
A Review of Dumping and Subsidies Trade Determinations
20(1)
B Canadian Cultural Industries Exception
20(1)
C State-to-State Dispute Settlement
21(1)
D Government Procurement
22(1)
V Concluding observations
23(1)
2 Tariffs, customs and rules of origin
24(21)
I Introduction
24(5)
II Automotive goods
29(11)
III Customs administration and trade facilitation
40(1)
IV Tariff and customs treatment of express shipments
41(2)
V Other product areas and procedures
43(2)
3 Settlement of disputes
45(24)
I Introduction
45(1)
II Investor protections and investor-state dispute settlement
46(9)
A Basic Investor Protections
48(1)
B Elimination of ISDS for Canada and the United States
48(2)
C Investment in Mexican Government Projects
50(1)
D Other US Investments in Mexico
51(4)
III Resolution of "unfair" trade disputes
55(4)
IV State-to-state dispute settlement
59(10)
A US Ambivalence
59(3)
B State-to-State Dispute Settlement Under USMCA
62(7)
4 Labor rights and environmental protection
69(32)
I Introduction
69(2)
II Labor rights
71(16)
A NAFTA's NAALC and Subsequent FTAs
71(4)
B Trump and L6pez Obrador's Mutual Interest in Mexican Labor Law Reform
75(1)
C USMCA Labor Provisions and Changes in Mexican Law
76(3)
D Addressing Enforcement Concerns Through the USMCA Protocol
79(6)
E Differences over Treatment of Labor and LGBTQ Rights (or Lack Thereof)
85(2)
III Protection of the environment
87(12)
A Background: The NAAEC
88(3)
B Post-NAFTA Environmental Provisions
91(1)
C USMCA's Treatment of Environmental Issues
92(7)
IV North American Development Bank
99(2)
5 Energy production and policies
101(21)
I Introduction
101(2)
II Mexico's energy reforms and AMLO's challenges
103(3)
III USMCA legal constraints on Mexico's energy policies
106(4)
IV Investor protection in Mexico's hydrocarbons sector
110(3)
V Applicability of USMCA
Chapter 11 to energy
113(1)
VI AMLO's questionable hydrocarbons policies
114(5)
VII The United States-Canada relationship on energy issues under USMCA
119(1)
VIII Conclusion
120(2)
6 Textiles, apparel and agriculture
122(19)
I Introduction
122(2)
II Textiles and apparel
124(2)
III Agriculture
126(13)
A Agriculture Under NAFTA
126(3)
B Agriculture Under USMCA
129(1)
C Reduction of Canadian Dairy and Other Barriers
130(2)
D Preservation of (Most) Mexican Access to the US Winter Vegetable Market
132(4)
E Wine, Spirits and Geographical Indications
136(1)
F Intellectual Property Related to Agriculture
137(2)
G Seasonal Agricultural Workers
139(1)
IV Conclusion
139(2)
7 Intellectual property, services and digital trade
141(33)
I Introduction
141(2)
II Intellectual property
143(11)
A Committee on IP Rights
145(1)
B Extended Copyright and Trademark Protection
146(1)
C Enforcement in the Digital Environment
146(1)
D Enhanced Protection of Trade Secrets
147(1)
E Patent Terms for Pharmaceutical Products
148(3)
F Enforcement Generally
151(2)
G Conclusion
153(1)
III Services
154(12)
A Treatment of Services Generally
154(1)
B Cross-Border Services and the Cultural Exceptions
155(6)
C Financial Services
161(2)
D Telecommunications Services
163(3)
IV Digital trade
166(5)
V Investment relating to intellectual property and services
171(3)
8 Updating NAFTA drawing on the TPP
174(26)
I Introduction
174(1)
II Small and medium-sized enterprises
175(3)
III Regulation of state-owned enterprises and designated monopolies
178(3)
IV Competition law
181(2)
V Competitiveness and business facilitation
183(2)
VI Addressing corruption
185(1)
VII Good regulatory practices and regulatory coherence
186(3)
VIII Sanitary and phytosanitary measures and technical barriers to trade
189(11)
A Introduction to SPS and TBT
189(2)
B Sanitary and Phytosanitary Measures
191(3)
C Technical Barriers to Trade
194(4)
D Standards Set Out in Sectoral Annexes
198(2)
9 Carryover provisions from NAFTA
200(17)
I Government procurement
200(4)
II Trade remedies
204(3)
III Temporary entry for business visitors
207(3)
IV Publication and administration
210(4)
V General exceptions
214(3)
10 Other significant USMCA innovations
217(12)
I Limitations on currency manipulation
217(3)
II Restrictions on trade agreements with China
220(3)
III Sunset provisions
223(4)
IV Indigenous peoples' rights
227(2)
11 USMCA's future in context
229(12)
I Section 232 (steel, aluminum and autos)
229(2)
II US-China trade war and ongoing economic rivalries
231(2)
III Emasculation of the WTO's dispute settlement system
233(2)
IV Unpredictability of the current US and Mexican Administrations
235(3)
V The Coronavirus Pandemic
238(3)
Selected bibliography 241(6)
Index 247
David A. Gantz, Will Clayton Fellow for Trade and International Economics, Rice University's Baker Institute for Public Policy, Center for the United States and Mexico and Samuel M. Fegtly Professor Emeritus with the James E. Rogers College of Law, University of Arizona, US