Statement of the Canadian Council of Chief Executives, the Business Round Table, the Consejo Mexicano de Hombres de Negocios - Clearing the Smoke: the success of NAFTA's investment chapter: 28 May 2003
Article from: TDM 2 (2004), in International Commercial Arbitration
Summary
The North American Free Trade Agreement (NAFTA) has proven to be an extraordinary success for all three countries. This can be seen in NAFTA's positive economic impact for workers and consumers, and in the stronger political and social fabric of North America weaved by the NAFTA and its side agreements. NAFTA was the first free trade agreement to draw together a middle-income country with high-income ones, and NAFTA's demonstrated value has inspired other such agreements during the 10 years since. Today, NAFTA is the largest free trade area in the world. One of the most ...