Facebook  |  Twitter  |  Google Plus  |  LinkedIn  |  Print

NEMA Supports Modernization of North American Free Trade Agreement


06/15/2017 8:00AMSign-up to receive press releases.

Smart updates to NAFTA can facilitate efficient and fair trade and support North American competitiveness

ROSSLYN, Va.,—On June 12, the National Electrical Manufacturers Association (NEMA) provided formal written comments to the U.S. government welcoming the administration’s initiative to modernize and update the North American Free Trade Agreement (NAFTA). NEMA presented its general objectives, as well as recommendations in several areas, including technical regulations, customs and trade facilitation, rules of origin, intellectual property protection, government procurement, digital trade, and services. NEMA also requested to testify at a June 27 public hearing on NAFTA of the interagency Trade Policy Staff Committee. 

“The U.S., Canada, and Mexico should build on the firm foundation of the 20-plus years of NAFTA and modernize the agreement to help make the region a manufacturing location of choice,” said NEMA President and CEO Kevin J. Cosgriff. “We look forward to working with the administration and our counterparts in Canada and Mexico on this important initiative.”

NEMA’s comments emphasize the magnitude and importance of trade in electroindustry products among the three economies and stress that any changes to NAFTA should be negotiated to enhance trade and competitiveness and not reduce market access for qualified products.

The administration notified Congress on May 18 of its intention to renegotiate NAFTA, which took effect on January 1, 1994.  The administration is expected to publish its negotiating objectives on or near July 17, thirty days prior to the formal opening of negotiations with Canada and Mexico.

###

The National Electrical Manufacturers Association (NEMA) represents 350 electrical and medical imaging manufacturers at the forefront of electrical safety, reliability, resilience, efficiency, and energy security. Our combined industries account for more than 400,000 American jobs and more than 7,000 facilities across the United States. Domestic production exceeds $114 billion per year and exports top $50 billion.

Press contact:
Tracy Cullen
703-841-3282
press@nema.org

 

Copyright © NEMA. All rights reserved. (703) 841-3200, 1300 North 17th Street, Suite 900, Arlington, Virginia 22209