MercoPress. South Atlantic News Agency
US planning a new trade agreement with Latam, but through NAFTA
The President Barack Obama administration is “exploring” a regional trade plan for the Americas that would be the most ambitious hemispheric initiative in years, but contrary to the failed experience of George Bush's FTAA (Free Trade Area of the Americas), this time it would be instrumented through Nafta (North American Free Trade Agreement) partners Mexico and Canada, according to a Miami Herald interview of Andres Oppenheimer with Secretary of State John Kerry. Read full article
Comments
Disclaimer & comment rulesOoo,
Dec 20th, 2013 - 08:13 am - Link - Report abuse 0Nostrils won't like this.
I remember when NAFTA was introduced. Ross Perot and his''''“the sucking sound of jobs heading south”. It wasn't doom and gloom, though the major benefactor was definitely Mexico.
Dec 20th, 2013 - 10:50 am - Link - Report abuse 0“Ross Perot and his''''“the sucking sound of jobs heading south”. It wasn't doom and gloom, though the major benefactor was definitely Mexico.”
Dec 20th, 2013 - 03:59 pm - Link - Report abuse 0The jobs went and continue) to go to Asia. Take a good look at Detroit, one of the many classic examples that shows the future of the United States..but ach, that's no gloom and doom.
Mexico was and is not the major benefactor, unless we talk about the narco drug war situation that is going on the border which is a “success”..right?
Good news is, less Mexicans are crossing the border, but more US citizens mainly from the southern states are going to Mexico and not only for health care. reasons. Nafta is a dissaster for the slowly disappearing middle class in the US but a win for Corporate USA. Everybody that is capable to read about the TPP (Trans Pacific Partnership), what we are not suppose to know about will that it's a pure power grab of the same corrupt banking/agribusinesses/pharma industry, that wrote the bill.
There will be no FTAA, because it won't work.
@1
Dec 21st, 2013 - 03:43 pm - Link - Report abuse 0Remember 2005? The entire hemisphere was ready to sign ALCA at Mar del Plata. Argentina burned the agreement to the ground and smartly so.
Remember 2013? Mercosur was ready to sign EU-Mercosur pact. Argentina has bune the agreement to te ground and smartly so.
Any future free trade agreement that involves Argentina will simply be discarded by us. End of story.
titi boi your are correct in that statement......the reason Argentina will be ostracized from future agreements......you'll have your electricityless, petroluemless and defenseless autarky......lol, with Chinese overseers.
Dec 22nd, 2013 - 03:14 am - Link - Report abuse 0Some countries will think it over, others will say no, and some others may accept. But there´s a problem with NAFTA in general, as an idea 20 years ago it was a relatively new concept, today those kinds of agreetments are common around the globe. If Kerry or someone else pretends to update NAFTA it will have to take this in consideration, as well as citizens pov, otherwise nothing will change.
Dec 22nd, 2013 - 10:47 pm - Link - Report abuse 0I agree with Fido Dido in that NAFTA particulary generates ill will among the general population in Canada, US and Mexico because is seen as and often this´s true, it stands more for corporations than for ppl in the three countries.
American are dreaming with a FTA but that will never materialised.
Dec 25th, 2013 - 11:29 am - Link - Report abuse 0Sorry USAmex is not what SA is looking for anymore and will will replaced by China.
NAFTA is the most successful free trade agreement in the world today. It did not force monetary policies that ended up in disaster as it has been the case in the European Union with Spain, Greece, Portugal, Italy and other economies. It has become the most competitive region in the planet with the lowest costs in energy in the world, with the most innovative technologies and industries and with the biggest consumer market in earth. And México has been the most benefited from it all with thousands of American and Canadian companies opening factories, distribution centers, research centers in the country. México is one of largest exporters of manufactured goods in the world.
Dec 25th, 2013 - 03:36 pm - Link - Report abuse 0Nothing to be compared with mercosur and other failed trade-bloc initiatives.
Commenting for this story is now closed.
If you have a Facebook account, become a fan and comment on our Facebook Page!