Presented By:

ISHRAT JAHAN (EV193071001)

ISRAT SHAILA (EV193071027)
 NAFTA
• North American Free Trade Agreement

• Members: Canada , Mexico , United States

• Establishment: 1 January , 1994

 OBJECTIVE OF NAFTA
 Elimination of tariff and non tariff barriers
 Harmonization of trade rules,
 Liberalization of restrictions on services on foreign
investment,
 Enforcement of intellectual property rights and a
dispute settlement process
 Impact of NAFTA
Benefits:

• Benefits the importers by reduced or duty free

goods
• Trade and investment levels in North America
have increased, bringing strong economic
growth, Job creation and better prices and
selection in consumer goods.
• Great increase in trade among three countries
Improved economic stability in U.S. marketplace
 Impact of NAFTA
Limitations:

• Impacts on farmers in Maxico as prices falls

due to imports

• Impacts on U.S. workers in manufacturing and

assembly industries

• Raising inequality in U.S. and Maxico

 Contribution Of NAFTA
MEMBER COUNTRY CONTRIBUTION

UNITED STATES Technology , Services and

data processing, Medical
and space research and
capital .
CANADA Mineral , forest products,
energy and technological
expertise.
MEXICO Labors , petroleum and
agricultural products.
 Future of NAFTA
• It is about integration of the North American
marketplace

• Moving up value-added chain

• Maintaining and increasing competitiveness

and productivity.
 Conclusion
NAFTA has played an important role in the
overall development of the three nation . It is
commitment to intellectual property and
environment legislation . mutual entry into
government bidding and the financial and other
sector.
But on the other hand it is also responsible for
causalities like loss job migration rising levee of
inequality and many other