On May 18, 2017, the United States Trade Representative (USTR) Robert Lighthizer announced the Trump Administration’s intention to initiate negotiations with Canada and Mexico regarding the “modernization” of the North American Free Trade Agreement (NAFTA). Notably, USTR Lighthizer’s letter invoked the Bipartisan Congressional Trade Priorities and Accountability Act of 2015 (TPA 2015 or “fast track”) and the legislation’s extensive consultation provisions will govern the modernization efforts. Upon publishing its Federal Register Notice on May 23, 2017, USTR is soliciting submissions from parties with an interest in the NAFTA negotiations.
Read more at mondaq.com
