NAFTA 2.0: Current State of Negotiations and How This Could Affect You

Duration: 60 Minutes
Join this session with expert speaker Douglas Cohen to learn about the current state of negotiation of a new NAFTA. He will provide answers to questions such as: What is NAFTA and why it needs to be changed, and what the US, Canadian and Mexican objectives are.
NAFTA 2.0
Instructor: Douglas Cohen
Product ID: 504123
You will understand the background behind the renegotiation of NAFTA and will learn about the contentious issues that could affect you and your organization. You will take away a rare insight into the workings of the negotiations and what it means for you.

Objectives of the Presentation
This session will discuss:
  • What NAFTA is
  • Why it is being changed
  • US renegotiation objectives
  • Contentious negotiation issues
  • Political realities
  • The renegotiation timeline
  • The possibility of Trump dumping NAFTA
  • The effect of changes to NAFTA on you
  • Canadian goals and objectives
  • Mexican goals and objectives
Why Should you Attend
Know how the negotiations on NAFTA may impact your business. It has been twenty-three years since Canada, Mexico, and the United States signed the North America Free Trade Agreement (NAFTA). One of the largest free trade zones in the world, NAFTA has greatly increased trade and investment among the three nations. Continental free trade helps companies to be more competitive globally.

However, NAFTA remains controversial, with President Trump calling NAFTA the "worst trade deal maybe ever signed anywhere." Recognizing that the agreement should be updated rather than scraped, the US, Canada, and Mexico have agreed to renegotiate the free trade area beginning August 16, 2017. The US published its general objectives for the renegotiation, which include the elimination of dispute settlement panels, reducing trade deficits, tightening of rules of origin, adding a section on e-commerce, as well as provisions for labor and the environment. These issues and more will be the subject of intense bargaining. Protectionist themes could de-rail the process.

Most analysts expect a revamped NAFTA to be signed in early 2018. NAFTA and its renegotiation present opportunities and challenges to nearly every business, and in nearly every industry operating within the US, Mexico, and Canada. Understanding these opportunities and challenges will quickly become an essential element of business strategy.

The stakes for industry and labor are high. Certain changes, if implemented, could disrupt global supply chains, jeopardizing the operations of manufacturers who depend upon imported components. In addition, a new NAFTA could bring with it increased prices for automobiles, and consumer goods such as clothing, shoes and even food. NAFTA negotiations may make the trading environment tumultuous and uncertain: discouraging investment, increasing the potential for reprisals from trading partners and increasing the risk of barriers to American exports.

Who will Benefit
  • Directors, CEOs, CFOs, COOs, VPs & C-level professionals across trade industry
  • Import and export managers
  • Supply chain managers
  • Labor and legal affairs
  • Procurement managers
  • Customs regulatory managers
  • Customs compliance managers
  • Operations professionals
  • Regulatory compliance professionals
  • Custom compliance personnel
  • Quality managers
  • Office managers
  • Customs/logistics supervisors
  • Trade compliance managers
  • EHS managers
  • Purchasing managers
  • Quality/process control engineers
  • Project managers
  • Global compliance managers
  • Sales administrators
  • Personnel involved in import-export from/to North America
  • Shipping and logistics personnel
  • Legal personnel
  • Trade consultants/advisors
  • Chambers of commerce professionals
  • Foreign trade agency professionals
  • Business development professionals
$300
Recorded Session for one participant
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Instructor Profile:
For more than 20 years, Douglas Cohen has been at the forefront of international trade and transactions. With positions in private law practice, the US Department of Commerce, the European Union, IATA, and American Airlines, Mr. Cohen has developed significant expertise in import export compliance, international negotiations, intellectual property, and Internet laws. At present, he is Senior Manager for Global Trade & Contracts at Worldwide Trade & Legal Associates, where he provides legal and strategic advice to organizations seeking to enter or expand foreign markets.

Mr Cohen has been asked to teach university courses and corporate seminars on international business and law in the US, Europe, Asia, and the Middle East. He is the author of numerous publications on Internet law, international contract negotiations, intellectual property protection, and import-export operations and compliance.


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