Canada signs revised North American trade deal, clearing way for ratification

December 10, 2019

Canada has signed a new agreement updating the North American free trade agreement with Mexico and the United States, clearing the way for the contentious pact's long-awaited ratification.

Deputy Prime Minister Chrystia Freeland travelled to Mexico City for the signing ceremony today following a last-minute flurry of conversations between the three countries to address lingering issues with the deal...

"Today Canada, the United States and Mexico have agreed to improvements of the new NAFTA that strengthen state-to-state dispute settlement, labour protection, environmental protection, intellectual property, the automotive rules of origin, and will help to keep the most advanced medicines affordable for Canadians."

The official amended text has not yet been released...

This was excerpted from 10 December 2019 edition of CBC News.

Topic(s)

Trade Agreements

Information source

Canadian News Channel

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