NAFTA is an

Agreement signed
by the 3
governments
creating a trilateral
bloc in NORTH
AMERICA
 Came into force on January 1, 1994

the world's largest free trade area.

Gross Domestic Product (GDP) of US$ 12 trillion and

one third of the world's total GDP

Background

1988 Canada and the United States signed the Canada-United

States Free Trade Agreement.

1992 MAASRRICHT TREATY  which created the Eupropean

Union was signed
movement of, goods

Objectives of NAFTA  
and services between the territories of the Parties;

Promote conditions of fair competition in the free trade area;

Increase substantially investment opportunities in the territories

of the Parties;

Provide adequate and effective protection and enforcement of

intellectual property

rights in each Party's territory;

Create effective procedures for the implementation and

application of this

agreement, for its joint administration and for the resolution

of disputes; and
North American Agreement On
 North American Agreement On
Environmental
Labor Cooperation(NAALC).
Cooperation(NAAEC)
 Canada’s industrial climate
  Export and Imports
 Banking and finance
 Labor Relation
 Investments
 Business opportunities
 Marketing
  Exporting
 Distribution practices
 Franchising
 India’s trade with Canada
 Finance
 Communications and transportation
 Regulatory environment
 India’s trade with USA 
 India’s imports from USA
 Labor
 Demography and social indicators
 Petroleum cluster
 Automotive cluster
 Strategies for doing business with Mexico 
 Wholly owned subsidiary:
 To become part of Maquiladora program:
 Shelter program:
 Joint Venture

 India’s exports to Mexico

 India’s imports from Mexico           
 Over all development of all the three nations,
 Progressive elimination of tariffs and trade
barriers,
 Disputes resolution,
 Commitment to intellectual property,
 Environmental legislation,
 Three countries have contributed to each other
by its resources,
 Win-win situation for all the NAFTA nations
 Obama targets NAFTA but says supports free
trade
 No Enthusiasm For "Super NAFTA" Over All
Americas
 Obama NAFTA action may kill 17,000 US jobs