NAFTA

History:

The North American Free Trade Agreement (NAFTA) is a

trilateral trade bloc in North America created by the governments
of the United States, Canada, and Mexico.

The agreements were signed in December 1993 by the leaders of the three
countries — Brian Mulroney of Canada, Carlos Salinas de Gortari of Mexico,
and Bill Clinton of the United States but did not come into effect until January
1, 1994.

NAFTA SUPPLEMENTS:

•The North American Free Trade Agreement (NAFTA) has two

Supplements:- The North American Agreement on Environmental
Cooperation (NAAEC) and The North American Agreement
on Labour Cooperation (NAALC)

(NAAEC) was a response to environmentalists' concerns that

the United States would lower its standards if the three countries
did not achieve consistent environmental regulation.

(NAALC) supplements NAFTA and endeavors to create a

foundation for cooperation among the three countries for the
resolution of labour problems, as well as to promote greater
cooperation among trade unions and social organizations in order
to fight for improved labor conditions.