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- From: Kai Mander <kmander%igc.apc.org@MIZZOU1.missouri.edu>
- Subject: TRADE.NEWS 1-4-93
- Message-ID: <1993Jan5.223357.17403@mont.cs.missouri.edu>
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- Date: Tue, 5 Jan 1993 22:33:57 GMT
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- TRADE NEWS BULLETIN Volume II Number 1
- Monday, January 4, 1993
- _________________________________________________________
- NAFTA News Summary
- _________________________________________________________
- SALINAS, CLINTON WILL MEET THIS WEEK
-
- Mexican President Carlos Salinas de Gortari and U.S. President-elect
- Bill Clinton will meet in Austin, Texas January 8. They are expected
- to discuss the North American Free Trade Agreement (NAFTA) and a
- recent U.S. Supreme Court decision allowing the kidnapping of
- Mexicans in Mexico to bring them to the United States for trial.
-
- Reports from Mexico indicate Salinas is becoming increasingly
- concerned about Clinton's expressed "reservations" about NAFTA's
- environmental and labor regulations. "Under Bush, it was a question
- of lobbying individual members of Congress to win their vote for
- ratification," said Ted Bardecke, political editor of EL FINANCIERO
- INTERNACIONAL. "Now Salinas has to lobby the whole government."
-
- Source: "President Salinas to Meet with Clinton, Mexico City," UPI,
- December 27, 1992; John Ross, "Mexican Politicians Wary of Clinton
- Presidency," LATINAMERICA PRESS, November 26, 1992, p. 3.
- _________________________________________________________
- PUERTO RICO FACES HARD TIMES UNDER NAFTA
-
- Many Puerto Rican political and business leaders are worried NAFTA
- will diminish the island's appeal to U.S. businesses. Puerto Rico has
- long been a destination for American companies looking for low
- wages and tax incentives, but under NAFTA, those same companies
- will have access to Mexico's even lower wages. This coupled with
- the possibility that Section 936 tax exemptions will be eliminated
- form a "double whammy" for Puerto Rico that could lead to a "total
- collapse" of the economy, said former Puerto Rican governor Rafael
- Hernandez Colon.
-
- In addition, Puerto Rican business officials say U.S. companies will
- flock to Mexico to take advantage of the less-regulated economic
- environment. "Don't forget about the FDA, EPA, OSHA and their
- rules," said Hector Jimenez Juarbe, executive director of the Puerto
- Rico Manufacturing Association. "All those things are in place [in
- Puerto Rico], but not in Mexico."
-
- The National Puerto Rican Coalition, which represents approximately
- 100 Puerto Rican community and advocacy groups, announced its
- opposition to NAFTA in December.
-
- Source: Larry Rohter, "Trade Pact Threatens Puerto Rico's Economic
- Rise," NEW YORK TIMES, January 3, 1992, p. 1.
- _________________________________________________________
- JESSE JACKSON RIPS NAFTA IN EDITORIAL
-
- In a recent opinion-editorial in the LOS ANGELES TIMES, Jesse
- Jackson argued NAFTA would only benefit global corporations big
- enough to move to Mexico, while workers, small businesses, family
- farmers and environmentalists in Mexico, the United States and
- Canada would suffer.
-
- "The major export of NAFTA is the same 'trickle-down economics' the
- U.S. public rejected in the '92 elections." Jackson cited a study by the
- Economic Policy Institute which reveals NAFTA will cost as many as
- 500,000 U.S. jobs as well as a report by Professor Edward Leamer of
- UCLA which found NAFTA would lead to a decrease in average U.S.
- wages. In addition, Jackson asserted, NAFTA will fuel the trend
- toward regional trading blocs and protectionism.
-
- Source: Jesse Jackson, "Trade and Thorns," LOS ANGELES TIMES.
- _________________________________________________________
- GATT News Summary
- _________________________________________________________
- INDIAN FARMERS PROTEST GATT RESTRICTIONS ON SEEDS
-
- About 500 farmers in India last week protested GATT proposals to
- protect seed patents developed by Western companies. Many
- Western companies lobbied for the provision because they claim
- developing countries, such as India, lack adequate copyright
- standards to prevent copying of products and information. Ten
- farmers were arrested for burning documents and damaging
- furniture of the Bangalore, India office of the U.S. based Cargill Inc.
-
- Source: "Protesting Farmers Damage Cargill Subsidiary in India,"
- MINNEAPOLIS STAR TRIBUNE, January 1, 1993, p. 3D.
- _________________________________________________________
- Resources:
-
- 1. The U.S. CITIZENS' ANALYSIS OF THE NORTH AMERICAN FREE
- TRADE AGREEMENT includes chapters on the environment, energy,
- agriculture, labor, investment and corporate rights, automotives,
- rules of origin, dispute resolution, pre-emption of state law,
- intellectual property, financial services and the Enterprise for the
- Americas Initiative. The analysis is available for US$4.00 from the
- Institute for Agriculture and Trade Policy (see address below). Also
- available on Econet conference, "trade.library".
-
- 2. WHICH WAY FOR THE AMERICAS: ANALYSIS OF NAFTA
- PROPOSALS AND THE IMPACT ON CANADA", a 114-page analysis of
- NAFTA by Canadian citizens groups is available from the Canadian
- Centre for Policy Alternatives (CCPA). To order, contact CCPA at
- #804-251 Laurier Avenue West, Ottawa, Ontario K1P 5J6. Tel: (613)
- 563-1342. Fax: (613) 233-1458.
- _________________________________________________________
- Other On-line Conferences:
-
- trade.strategy - a discussion of trade issues
- trade.library - a repository of trade information
- eai.news - a news summary of Latin American trade topics
- susag.news - a news summary of sustainable agriculture issues
-
- Produced by:
- Kai Mander, The Institute for Agriculture and Trade Policy (IATP),
- 1313 Fifth Street SE, Suite #303, Minneapolis, MN 55414-1546 USA
- Telephone:(612)379-5980 Fax:(612)379-5982
- EMail:kmander@igc.org
- _________________________________________________________
-
-