As renegotiations of the North American Free Trade Agreement (NAFTA) commence this week, a key issue remaining under consideration is whether to include core investment access and investment protections, enforceable through the investor-state dispute settlement (ISDS) provision. The Trump Administration has expressed concern that ISDS could provide greater rights to NAFTA-country investors than domestic investors. A broad coalition of business and trade associations, led by the National Association of Manufacturers, delivered a strong message of support for maintaining and upgrading ISDS in the modernized NAFTA.
PESA will continue to provide feedback on NAFTA modernization through the International Trade Committee and Mexico Task Force. For questions or additional insight, please contact PESA Senior Director of Public Policy, Jean Gould.