Newspaper article The Canadian Press

NAFTA-Talks

Newspaper article The Canadian Press

NAFTA-Talks

Article excerpt

WASHINGTON - Canada and the United States have reached an 11th-hour deal with Mexico to modernize the North American free trade agreement.

With less than an hour before Mexico and the U-S were poised to forge ahead without Canada, American Trade Representative Robert Lighthizer and Canadian Foreign Affairs Minister Chrystia Freeland issued a joint statement to confirm their 14 months of negotiations had been fruitful.

The new trilateral pact has been christened the United States-Mexico-Canada Agreement -- or U-S-M-C-A.

The deal includes wider access to the Canadian market for U-S dairy producers, but appears to keep Canada's supply management system for dairy and poultry products largely intact.

It also preserves the key dispute-resolution provisions -- Chapter 19 -- which allows for independent panels to resolve disputes involving companies and governments, as well as Chapter 20, the government-to-government dispute settlement mechanism. …

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