Which Free-Trade Agreement Is The Most Important In The Americas

NAFTA covers services other than air, marine and basic telecommunications. The agreement also provides protection for intellectual property rights in a wide range of areas, including patents, trademarks and copyrighted material. NAFTA`s procurement provisions apply not only to goods, but also to contracts for services and work at the federal level. In addition, U.S. investors are assured of equal treatment for domestic investors in Mexico and Canada. One of the most controversial topics of the treaty proposed by the United States concerns patents and copyright. Critics say that if the measures proposed by the United States were implemented and implemented, this would reduce scientific research in Latin America. On the website of the Council of Left Canadians, Barlow wrote: “This agreement establishes applicable global rules for patents, copyrights and trademarks. It has gone far beyond its original scope of the protection of inventions or cultural products of origin and now allows the practice of patenting plants and forms of animals as well as seeds.

It promotes the private rights of companies vis-à-vis local communities, their genetic heritage and their traditional medicines. [10] Here is a list of the free trade agreements to which the United States belongs. In parentheses, the abbreviation, if any, membership, unless indicated in advance, and the date of entry into force. Instead, the number of Mexican immigrants more than doubled, again between 1990 and 2000, when it approached 9.2 million. According to Pew, the river has reversed, at least temporarily. Between 2009 and 2014, 140,000 more Mexicans left the United States than they did, probably due to the effects of the financial crisis. One of the reasons NAFTA did not cause the expected reduction in immigration was the peso crisis from 1994 to 1995, which sent the Mexican economy into recession. Another thing is that the reduction of tariffs on Mexican maize has not prompted Mexican corn growers to plant other more lucrative crops.

This led them to abandon agriculture. A third point is that the Mexican government has not secured the promised infrastructure investments, which has largely limited the impact of the pact on production in the north of the country.