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This webinar provides an opportunity to learn about both the NAFTA and its recent update, the USMCA (US-/Mexico - Canada FTA). This new multinational trade agreement is intended to improve the original NAFTA, signed into law more than 26 years ago. We will address all the recent and critical emerging issues and changes, such as harmonization of regulatory systems, e-commerce, rules of origin, certificates of origin, protection of intellectual property, labour, and dispute resolution. These issues and changes in USMCA greatly impact your North-American operations. Compliance with these new rules will be a challenge. Therefore, it is critical to understand and know how toto apply the key differences between NAFTA and the USMCA.
26 years have passed since Canada, Mexico, and the US signed the North America Free Trade Agreement. One the largest free trade zones in the world, NAFTA greatly increased trade and investment among the three nations. However, NAFTA required an update. Therefore, US, Canada, and Mexico renegotiated NAFTA, creating a new reregional trade agreement, the USMCA, in 2020.
UUSSMCA presents both opportunities and challenges to nearly every business, and in every industry operating within the North American region. Understanding how these new rules apply -- and how you can take advantage of the trade preferences (such as zero tariffs), is an essential element of business strategy.
Highlights of this webinar include the following: