North American Free Trade Agreement: While it changed the country in some fundamental ways, the treaty never met many of its sweeping promises to close Mexicos wage gap with the United States, boost job growth, fight poverty and protect the environment. Mexicos weak unions and competition from Asia and Central America kept wages down; the tightening of security along the U.S. border closed off Mexicos immigration escape valve, and environmental provisions in the agreement proved less powerful than those protecting investors. More Related to this Story, according to Globe and Mail. Mexicos petro ambitions risk ramping up competition with Canada Looking around a Mexico dotted by Starbucks, Wal-Mart and Krispy Kreme outlets, its hard to remember the country before the North American Free Trade Agreement, which has dramatically expanded consumer choice and trade since it took effect 20 years ago on Jan. 1. NAFTA starting to show its age as deal turns 20
(www.immigrantscanada.com). As
reported in the news.
Tagged under North American Free Trade Agreement, topics.
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