What is the main content of NAFTA?

From 65438 to 0989, the United States and Canada signed the North American Free Trade Agreement. 199 1 On February 5, 2000, the presidents of the United States, Canada and Mexico announced at the same time that representatives of the three governments would formally start negotiations on a trilateral free trade agreement in June of the same year. After 14 months of negotiations,1August 1992, the United States, Canada and Mexico signed a trilateral free trade agreement-the North American Free Trade Agreement. 1994 65438+ 10/month 1, and the agreement came into effect. The agreement decides to gradually eliminate trade barriers within 15 years from the date of entry into force, implement the free circulation of goods and services, and form the world's largest free trade group with 360 million consumers and an annual gross national product of more than 6 trillion US dollars.

According to the general provisions of the agreement, except for the oil industry in Mexico, the cultural industry in Canada and the aviation and radio communication industries in the United States, the investment restrictions in most industrial sectors will be lifted. The mobility of white-collar workers will be relaxed, but immigration will still be restricted. Any member country can leave the agreement after notifying other member countries six months ago; The agreement also allows for the admission of more member States. The general terms also stipulate that government procurement of member countries will be fully open within 10 year. Since Mexico has reserved some contracts for its own companies, this agreement will have a great impact on Mexico. In addition, the agreement also stipulates that disputes arising from the implementation of the agreement will be submitted to a special panel composed of independent arbitrators for settlement; If a large number of imports damage a country's domestic industry, it will allow the country to re-impose certain tariffs. In terms of industry, the agreement stipulates that the tariffs on most agricultural products between the United States and Mexico will be abolished immediately, and the tariffs on the remaining 6% products, including corn, sugar and some fruits and vegetables, will be completely abolished after 15, and the import quota will be abolished within 10. For Canada, all existing agreements signed with the United States are applicable. The automobile industry will abolish tariffs after 10, and the United States and Canada will abolish all tariffs between them before 1998. In terms of energy, Mexico's restrictions on private sector exploration will remain effective, but the procurement of state-owned oil companies will be open to the United States and Canada. In terms of financial services, Mexico will gradually open its financial sector to investment from the United States and Canada, and finally remove obstacles before 2007. With regard to textiles, it was agreed that the tariffs between the United States, Mexico and Canada would be abolished in 65,438+00, and clothing made of textiles in North America would be exempted from tax. By the year 2000, trucks from North America can travel anywhere in these three countries. The agreement also reached supplementary agreements on environment, labor and other issues. According to the agreement, the United States and Mexico will establish a North American Development Bank to help the fiscal revenue of the US border become profitable. At the same time, in the first 18 months after the agreement comes into effect, the United States needs to spend 90 million dollars to retrain workers who are unemployed because of the agreement.

A brief summary is as follows:

(1) Mutual tariff reduction and exemption;

(2) lifting import restrictions;

(3) Adhere to the rules of origin;

(4) Government procurement agreements;

⑤ Encourage investment;

⑥ Expand mutual financial services;

⑦ Develop mutual free transportation;

(8) Encourage the protection of intellectual property rights;

Pet-name ruby consultation dispute settlement mechanism, etc.