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The United States-Mexico-Canada Agreement (USMCA): Legal and Business Implications by GLICK

The United States-Mexico-Canada Agreement (USMCA): Legal and Business Implications

By Leslie Alan Glick
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Overview

About this book:

The United States-Mexico-Canada Agreement (USMCA) is a timely summary and commentary on the most important new trade agreement for the United States (U.S.). On July 1, 2020, after much expectation and delay, the new USMCA—a greatly revised version of the North American Free Trade Agreement (NAFTA) of 1994—came into effect. The USMCA is a long-awaited response to a U.S. initiative to renegotiate NAFTA. As a key regional trade agreement with vast global ramifications, familiarity with its content and rules is essential for all business, legal, policymaking, and academic parties concerned with international trade. This preeminent guide to NAFTA summarizes the contents of the third and last edition of the book providing an in-depth chapter-by-chapter analysis of the new agreement, clearly describing what has changed from the earlier agreement and what is new. 

What’s in this book:

After a concise but expertly calibrated summary of NAFTA, the author proceeds systematically through a practical analysis of each USMCA provision, emphasizing such crucial new elements as the following:

  • new rules on intellectual property rights;
  • stricter rules of origin within the automotive industry;
  • major reforms in Mexican labor laws and their enforceability;
  • opening of Canada’s agricultural and dairy sector to more U.S. competition;
  • an entirely new chapter on digital trade;
  • new dispute mechanisms;
  • requirement of an increased minimum wage in auto plants; and
  • a new chapter on environmental standards.

Changes in such important aspects of trade as textiles and apparel, ownership of hydrocarbons, cross-border trade in services, and anticorruption measures are also fully described.

How this will help you:

This concise and useful practical guide will be a welcome addition to private and corporate libraries, including corporate counsel, customs brokers, freight forwarders, logistics and import-export managers, government officials, and academics who need a thorough understanding of the new agreement. This book is among the first that will enable readers to quickly grasp the essentials of the new agreement and will definitely be a valuable addition to the trade portfolio in 2020.

Publish Date 10/20/2020
Product Line Kluwer Law International
ISBN 9789403514758
SKU 10073404-0001
Table of Contents

About the Author 

Preface

Acknowledgments

CHAPTER 1
Introduction: Summary of the Previous NAFTA Agreement

CHAPTER 2
Summary Of NAFTA From 2010 To Present

CHAPTER 3
NAFTA Economic Impact Summaries

CHAPTER 4
Summary of ITC Report

CHAPTER 5
Origin Procedures

CHAPTER 6
Textile and Apparel Goods

CHAPTER 7
Customs Administration and Trade Facilitation

CHAPTER 8
Recognition of the United Mexican States’ Direct, Inalienable, and Imprescriptible Ownership of Hydrocarbons 

CHAPTER 9
Sanitary and Phytosanitary Measures

CHAPTER 10
Trade Remedies

CHAPTER 11
Technical Barriers to Trade

CHAPTER 12
Sectoral Annexes

CHAPTER 13
Government Procurement

CHAPTER 14
Investments

CHAPTER 15
Cross-Border Trade in Services

CHAPTER 16
Temporary Entry

CHAPTER 17
Financial Services

CHAPTER 18
Telecommunications

CHAPTER 19
Digital Trade

CHAPTER 20
Intellectual Property Rights

CHAPTER 21
Competition Policy

CHAPTER 22
State-Owned Enterprises and Designated Monopolies

CHAPTER 23
Labor

CHAPTER 24
Environment

CHAPTER 25
Small- and Medium-Sized Enterprises

CHAPTER 26
Competitiveness

CHAPTER 27
Anti-corruption

CHAPTER 28
Good Regulatory Practices

CHAPTER 29
Publication and Administration

CHAPTER 30
Administrative and Institutional Provisions

CHAPTER 31
Dispute Settlement

CHAPTER 32
Exceptions and General Provisions

CHAPTER 33
Macroeconomic Policies and Exchange Rate Matters

CHAPTER 34
Final Provisions

CHAPTER 35
Conclusion 

Appendix

Volumes