NAFTA 2.0: The New USMCA and How It Will Affect You
Speaker: Douglas Cohen
Speaker Designation: Senior Manager for Global Trade & Contracts at Worldwide Trade & Legal Associates
Speaker: Douglas Cohen
Speaker Designation: Senior Manager for Global Trade & Contracts at Worldwide Trade & Legal Associates
This webinar provides an opportunity to learn about both the NAFTA and its recent update, the USMCA (US-/Mexico - Canada FTA). This new multinational trade agreement is intended to improve the original NAFTA, signed into law more than 26 years ago. We will address all the recent and critical emerging issues and changes, such as harmonization of regulatory systems, e-commerce, rules of origin, certificates of origin, protection of intellectual property, labour, and dispute resolution. These issues and changes in USMCA greatly impact your North-American operations. Compliance with these new rules will be a challenge. Therefore, it is critical to understand and know how to apply the key differences between NAFTA and the USMCA.
26 years have passed since Canada, Mexico, and the US signed the North America Free Trade Agreement. One the largest free trade zones in the world, NAFTA greatly increased trade and investment among the three nations. However, NAFTA required an update. Therefore, US, Canada, and Mexico renegotiated NAFTA, creating a new regional trade agreement, the USMCA, in 2020.
USMCA presents both opportunities and challenges to nearly every business, and in every industry operating within the North American region. Understanding how these new rules apply and how you can take advantage of the trade preferences (such as zero tariffs), is an essential element of business strategy.
The highlights of this webinar include the following:
For more than 20 years, Douglas Cohen has been at the forefront of international trade and transactions. With positions in private law practice, the US Department of Commerce, the European Union, IATA, and American Airlines, Mr. Cohen has developed significant expertise in import export compliance, international negotiations, intellectual property, and Internet laws. At present, he is Senior Manager for Global Trade & Contracts at Worldwide Trade & Legal Associates, where he provides legal and strategic advice to organizations seeking to enter or expand foreign markets.
Mr. Cohen has been asked to teach university courses and corporate seminars on international business and law in the US, Europe, Asia, and the Middle East. He is the author of numerous publications on Internet law, international contract negotiations, intellectual property protection, and import-export operations and compliance.
