NAFTA 2.0: The New USMCA and How It Will Affect You

Douglas Cohen

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Overview:

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.

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. Key highlights include the following:

Dispute Settlement

Auto Rules of Origin

Intellectual Property

Sunset Clauses

E-Commerce

Why should you Attend: 

Know 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.

Areas Covered in the Session:

This session will discuss:

  • 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

Who Will Benefit:

  • 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
Webinar Events
Live -Coming soon!

Training CD-DVD

Physical CD-DVD of recorded session will be despatched after 72 hrs on completion of payment


Recorded video

Recorded video session



Speaker: Douglas Cohen, Senior Manager for Global Trade and Contracts, Worldwid

Douglas Cohen, has for more than 20 years, been at the forefront of international trade and transactions. With senior positions in private law practice, the European Union, the U.S. Department of Commerce, and the global airline industry, Mr. Cohen has developed substantial expertise in import-export compliance, international contracts, anti-trust, intellectual property, data privacy, aviation/aerospace, and EU law and policy.

 At present, he is Director General for Trade and Transactions at Worldwide Trade and Legal Associates (WWTL), where he provides legal and strategic counsel to companies seeking to develop and expand foreign markets. In addition, Mr. Cohen directs the Compliance Training division at WWTL, where he works with companies to create and improve their import-export, anti-bribery, antitrust, and intellectual property compliance procedures. Major clients include leaders in aerospace, aviation, information technology, software, semiconductors, and telecommunications.

 Mr. Cohen has been asked to teach international trade, global business, and international law at several universities in the United States, Asia, the Near East, and Europe. He is the author of numerous publications and training DVDs in the fields of import-export compliance, international negotiations, foreign market entry, cross-cultural communications, Internet law, data privacy, and intellectual property protection.


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