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- Newsgroups: misc.activism.progressive
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- From: harelb@math.cornell.edu (misc.activism.progressive co-moderator)
- Subject: NAFTA: MEXICAN OPPOSITION PARTY CRITICIZES NAFTA
- Message-ID: <1992Aug13.184851.16690@mont.cs.missouri.edu>
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- Organization: misc.activism.progressive on UseNet ; ACTIV-L@UMCVMB
- Date: Thu, 13 Aug 1992 18:48:51 GMT
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- [From PeaceNet's trade.news via misc.activism.progressive]
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- Topic 141 TRADE.NEWS 8-12-92
- kmander Updates on GATT & NAFTA Negotiations 9:53 am Aug 12, 1992
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-
- TRADE NEWS BULLETIN
- Wednesday, August 12, 1992
-
- _________________________________________________________
- MEXICAN OPPOSITION PARTY CRITICIZES NAFTA
-
- Mexico's opposition Revolutionary Democratic Party (PRD)
- criticized the NAFTA because "We're afraid Mexico's
- participation in the agreement is simply as a source of cheap
- labor," said PRD Deputy Ricardo Valero. He added that the
- Mexican government had been extremely secretive about the
- negotiations, stifling an open discussion about the consequences
- of free trade with the U.S. and Canada. "There has been a
- problem with information," Valero said. "There has not been a
- national debate."
-
- Valero said he expected the agreement to pass easily through
- the Mexican Congress because it is controlled by the ruling
- Institutional Revolutionary Party.
-
- An economist with the Monterrey Chamber of Commerce said
- most of Mexico's industries are small and that many "will
- simply disappear" under the stiff competition from U.S. and
- Canadian companies.
-
- Jose Romero, an economist at the think tank Colegio de Mexico,
- said the accord will initially cost some Mexican jobs but will
- lead to overall long-range stability.
-
- Source: "Negotiators Overcame Conflict Over Autos,
- Environment" UPI, August 12,1992; Isaac A. Levi, "Mexico-Free
- Trade," AP, August 12, 1992.
- _________________________________________________________
- JAPAN SAYS NAFTA WILL HURT ITS AUTO INDUSTRY
-
- After learning that the U.S., Canada and Mexico had reached a
- NAFTA accord, Japanese government and business officials
- complained that the pact may hurt Japanese automakers and
- increase pressure for a trading bloc in Asia.
-
- "It's clear that when you give favored treatment to some
- countries, that puts others in a disadvantaged position," said
- Hajime Ota, the chief of the international economic affairs
- department at the Japan Federation of Economic Organizations.
-
- Details of the NAFTA auto deal were not yet available, but the
- percentage of a car's content that must be produced in North
- America for it to receive duty-free status remained a
- contentious issue through the final days of negotiations. The
- U.S. was seeking a North American content requirement
- between 60-65 percent to benefit U.S. automakers. Mexico and
- Canada wanted lower percentages to encourage foreign
- automakers to establish assembly plants in their countries.
-
- Source: Peter Landers, "Japan-Free Trade," AP, August 12, 1992.
- _________________________________________________________
- _________________________________________________________
- 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
- E-Mail:kmander@igc.org
- _________________________________________________________
-
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-