On May 18, 2017, the United States served notice on Mexico and Canada that it intended to renegotiate the North American Free Trade Agreement (“NAFTA”). The first round of negotiations is scheduled to begin in Washington D.C. on August 16th continuing to August 20th.
On July 17, 2017 the US Trade Representative (“USTR”) released a document entitled “Summary of Objectives for the NAFTA Renegotiation”. This document sets out the goals of the United States for revisions to NAFTA (the “US Objectives”). The US Objectives are subdivided into different categories, with each one a major component of the NAFTA negotiations.
In response to the release of the US Objectives, the Canadian government has decided to extend indefinitely the consultation period which was set to expire on July 18, 2017. Any Canadian person or organization is free to provide comment on Canada’s objectives at this time.