Martín Paredes

Advance Against Documents (AAD) - A loan made on the security of the actual documents covering a shipment.
Asian Dollars - U.S. funds deposited in banks in Asia and the Pacific Basin.
Balance of Trade - The difference between a country’s total imports and exports; if exports exceed imports, a favorable balance of trade exists; if not, a trade deficit is said to exist.

NORTH AMERICAN AGREEMENT
ON ENVIRONMENTAL COOPERATION

BETWEEN

THE GOVERNMENT OF CANADA,

THE GOVERNMENT OF THE UNITED MEXICAN STATES

AND

THE GOVERNMENT OF THE UNITED STATES OF AMERICA

1993

Secretariat of the Commission for
Environmental Cooperation

PREAMBLE

The Government of Canada, the Government of the United Mexican States and the Government of the United States of America:

CONVINCED of the importance of the conservation, protection and enhancement of the environment in their territories and the essential role of cooperation in these areas in achieving sustainable development for the well-being of present and future generations;

REAFFIRMING the sovereign right of States to exploit their own resources pursuant to their own environmental and development policies and their responsibility to ensure that activities within their jurisdiction or control do not cause damage to the environment of other States or of areas beyond the limits of national jurisdiction;

PREAMBLE
The Government of Canada, the Government of the United Mexican States and the Government of the United States of America, resolved to:

STRENGTHEN the special bonds of friendship and cooperation among their nations;

CONTRIBUTE to the harmonious development and expansion of world trade and provide a catalyst to broader international cooperation;

CREATE an expanded and secure market for the goods and services produced in their territories;

REDUCE distortions to trade;

ESTABLISH clear and mutually advantageous rules governing their trade;

ENSURE a predictable commercial framework for business planning and investment;

BUILD on their respective rights and obligations under the General Agreement on Tariffs and Trade and other multilateral and bilateral instruments of cooperation;

ENHANCE the competitiveness of their firms in global markets;

FOSTER creativity and innovation, and promote trade in goods and services that are the subject of intellectual property rights;

CREATE new employment opportunities and improve working conditions and living standards in their respective territories;

UNDERTAKE each of the preceding in a manner consistent with environmental protection and conservation;

PRESERVE their flexibility to safeguard the public welfare;

PROMOTE sustainable development;

STRENGTHEN the development and enforcement of environmental laws and regulations; and

PROTECT, enhance and enforce basic workers' rights;

The following is the text of the actual NAFTA treaty in English and Spanish.

The following are governmental fact sheets regarding the North American Free Trade Agreement (NAFTA)

FACT SHEET: United States Department of Agriculture, Foreign Agricultural Service - January 2008

The final provisions of the North American Free Trade Agreement (NAFTA) were fully implemented on January 1, 2008. Launched on January 1, 1994, NAFTA is one of the most successful trade agreements in history and has contributed to significant increases in agricultural trade and investment between the United States, Canada and Mexico and has benefited farmers, ranchers and consumers throughout North America.

Ever since I uploaded my white paper on NAFTA I’ve been inundated with requests for source documents. I appreciate all of you who have contacted me regarding the paper. Although there are plenty of online sources, these are sometimes unavailable or unreliable. Therefore I’ve decided to create an online repository of the source documents.

This is one of the first white papers I produced. It was written in 1991 as the basis for a startup company looking to do business on both sides of the border.

The introduction and the conclusion follow. You can download the entire document at the bottom.

From: North American Free Trade Agreement - A Hesitant Handshake Between Neighbors first published in May 1991.

CHAPTER 1 - INTRODUCTION