Nafta due to end most barriers to trade among U. S. , Mexico, Canada

Journal Article · Mon Aug 24 04:00:00 EDT 1992 · Oil and Gas Journal; (United States)

OSTI ID:7103704

This paper reports that energy companies in the U.S. will benefit --- but not as much as they had hoped --- from the recently drafted North American Free Trade Agreement (Nafta) among the U.S., Mexico, and Canada. Nafta would remove most of the trade barriers between Mexico and the other two countries and supplement the U.S. - Canada Free Trade Agreement to create an open market in North America totaling $6 trillion/year in products and serving more than 360 million persons. Nafta was negotiated under a law that allows Congress to consider the pact for only 90 days, then vote on it without amendments. The pact marks the first time the U.S. has covered environmental concerns in a trade treaty, mainly pollution along the U.S.-Mexico border. The pact also is consistent with the international General Agreement on Tariffs and Trade (GATT).

• OSTI ID: 7103704
• Journal Information: Oil and Gas Journal; (United States), Journal Name: Oil and Gas Journal; (United States) Vol. 90:34; ISSN 0030-1388; ISSN OIGJA
• Country of Publication: United States
• Language: English

Related Subjects

02 PETROLEUM
020700* -- Petroleum-- Economics
Industrial
& Business Aspects
03 NATURAL GAS
030600 -- Natural Gas-- Economic
Industrial
& Business Aspects
29 ENERGY PLANNING, POLICY, AND ECONOMY
294002 -- Energy Planning & Policy-- Petroleum
294003 -- Energy Planning & Policy-- Natural Gas
CANADA
COOPERATION
DEVELOPED COUNTRIES
DEVELOPING COUNTRIES
ENVIRONMENTAL POLICY
GOVERNMENT POLICIES
INDUSTRY
INTERNATIONAL COOPERATION
LATIN AMERICA
LAWS
MARKET
MEXICO
NATURAL GAS INDUSTRY
NORTH AMERICA
PETROLEUM INDUSTRY
TARIFFS
TAX LAWS
TRADE
USA