NAFTA Supplemental Agreements: Four Year Revie
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Jacqueline McFadyen: Peterson Institute for International Economics
No WP98-4, Working Paper Series from Peterson Institute for International Economics
In an October 1992 speech, then-Presidential candidate Bill Clinton announced his support for the North American Free Trade Agreement (NAFTA), but stressed the need for supplemental agreements on environmental and labor issues. Clinton's inauguration in January 1993 propelled new negotiations among the NAFTA partners in this direction. Three agreements were concluded in August 1993: the North American Agreement on Environmental Cooperation (NAAEC), the North American Agreement on Labor Cooperation (NAALC), and the North American Agreement on Import Surges. The Congress then authorized US participation in these pacts on December 1, 1993 as part of the implementing legislation for the NAFTA.
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