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ARTICLE · 24 AUGUST 2017

What Steps Can Canadian Companies Take Between NAFTA Modernization Rounds?

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In the week of August 16, 2017, Canada's NAFTA modernization team met in Washington D.C. with the United States Trade Representative's NAFTA renegotiation team and Mexico's NAFTA modernization team.

CanadaInternational Law
Cyndee Todgham Cherniak
Cyndee Todgham Cherniak
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In the week of August 16, 2017, Canada's NAFTA modernization team met in Washington D.C. with the United States Trade Representative's NAFTA renegotiation team and Mexico's NAFTA modernization team. At the end of the meeting, they issued a Trilateral Statement on the Conclusion of NAFTA Round One and indicated that Round Two will be held in Mexico between September 1-4, 2017.  The Third Round will be held in Canada at the end of September.

Canadian companies have two weeks to develop a follow-up strategy and engage in the NAFTA modernization process.  The NAFTA modernization process currently has a short timeline and the opportunity may be over if Canadian companies do not strategize quickly, do not engage quickly, and do not communicate quickly.

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