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NAFTA 2.O: The new USMCA
- What NAFTA is
- Why it is being changed
- Renegotiation to USMCA
- Contentious negotiation issues
- How USMCA is different than NAFTA
- Political realities
- The USMCA timeline
- How USMCA will affect you
Overview of the webinar
USMCA addresses recent and critical emerging issues, such as harmonization of regulatory systems, e-commerce, rules of origin, protection of intellectual property, and dispute resolution. These changes in USMCA will affect your operations and therefore, it is critical to understanding the key differences between NAFTA and the USMCA
Who should attend?
- Directors, CEOs, CFOs, COOs, VPs & C-level professionals across trade industry
- Import and export managers
- Supply chain managers
- Labor and legal affairs
- Procurement managers
- Customs regulatory managers
- Customs compliance managers
- Operations professionals
- Regulatory compliance professionals
- Custom compliance personnel
- Quality managers
- Office managers
- Customs/logistics supervisors
- Trade compliance managers
- EHS managers
- Purchasing managers
- Quality/process control engineers
- Project managers
- Global compliance managers
- Sales administrators
- Personnel involved in import-export from/to North America
- Shipping and logistics personnel
- Legal personnel
- Trade consultants/advisors
- Chambers of commerce professionals
- Foreign trade agency professionals
- Business development professionals
Why should you attend?
You must attend to learn how the renegotiation of NAFTA into the USMCA will impact your business. One of the largest free trade zones in the world, NAFTA has greatly increased trade and investment among the three nations. This webinar will ensure that participants understand the key differences between NAFTA and the new USMCA.
USMCA presents opportunities and challenges to nearly every business, and in nearly every industry operating within the US, Mexico, and Canada. Understanding these opportunities and challenges will quickly become an essential element of business strategy.
26 years have passed since Canada, Mexico, and the US signed the North America Free Trade Agreement (NAFTA). One the largest free trade zones in the world, NAFTA has greatly increased trade and investment among the three nations. Recognizing that the Agreement should be updated rather than scraped, the US, Canada, Mexico have agreed to renegotiate NAFTA.
On September 30, 2018, the three nations signed the “USMCA”, intending to modernize NAFTA. In consultations with the White House, on December 9, 2019, the US House of Representatives agreed to significant changes to USMCA. The revised USMCA will now go to the US Senate for ratification in early January, 2020. Mexico and Canada have also indicated their willingness to ratify the USMCA as soon as possible.
Key highlights include the following:
- Dispute Settlement
- Auto Rules of Origin
- Intellectual Property
- Sunset Clauses
- E-Commerce
Faculty - Mr.Douglas Cohen
For more than 20 years, Mr. Douglas Cohen has been at the forefront of international trade and transactions. With senior positions in private practice, the US Department of Commerce, the European Union, American Airlines, and the IATA, he has developed substantial expertise in import-export operations and compliance, international trade, global negotiations, and international contracts and transactions.
At present, he is a Senior Manager, Global Trade, and Contracts, at Worldwide Trade & Legal Consultants, where he provides legal and strategic advice to organizations seeking to enter or expand foreign markets. Mr. Cohen has been asked to teach his expertise at universities and corporate seminars on international business and law in the US, Europe, Asia, and the Middle East.