This website uses cookies to ensure you have the best experience. Learn more

Pestle Analysis

981 words - 4 pages

Following diplomatic negotiations dating back to 1986 among the three nations, the leaders met in San Antonio, Texas, on December 17, 1992, to sign NAFTA. U.S. President George H. W. Bush, Canadian Prime Minister Brian Mulroney and Mexican President Carlos Salinas, each responsible for spearheading and promoting the agreement, ceremonially signed it. The signed agreement then needed to be authorized by each nation's legislative or parliamentary branch.

Before the negotiations were finalized, Bill Clinton came into office in the U.S. and Kim Campbell in Canada, and before the agreement became law, Jean Chrétien had taken office in Canada.

The proposed Canada-U.S. trade agreement had ...view middle of the document...

It also required US partners to adhere to environmental practices and regulations similar to its own.

With much consideration and emotional discussion, the House of Representatives approved NAFTA on November 17, 1993, 234-200. The agreement's supporters included 132 Republicans and 102 Democrats. NAFTA passed the Senate 61-38. Senate supporters were 34 Republicans and 27 Democrats. Clinton signed it into law on December 8, 1993; it went into effect on January 1, 1994.[3][4] Clinton, while signing the NAFTA bill, stated that "NAFTA means jobs. American jobs, and good-paying American jobs. If I didn't believe that, I wouldn't support this agreement."[5]
[icon] This section requires expansion. (December 2009)

Remarks on the Signing of NAFTA (December 8, 1993)
File:Remarks on the Signing of NAFTA (December 8, 1993) Bill Clinton.ogvPlay media
Bill Clinton's remarks on the signing of the North American Free Trade Agreement, December 8, 1993.
Remarks on the Signing of NAFTA (December 8, 1993)
Problems playing these files? See media help.

The goal of NAFTA was to eliminate barriers to trade and investment between the U.S., Canada and Mexico. The implementation of NAFTA on January 1, 1994 brought the immediate elimination of tariffs on more than one-half of Mexico's exports to the U.S. and more than one-third of U.S. exports to Mexico. Within 10 years of the implementation of the agreement, all U.S.-Mexico tariffs would be eliminated except for some U.S. agricultural exports to Mexico that were to be phased out within 15 years. Most U.S.-Canada trade was already duty-free. NAFTA also seeks to eliminate non-tariff trade barriers and to protect the intellectual property right of the products.

Chapter 52 provides a procedure for the interstate resolution of disputes over the application and interpretation of NAFTA. It was modeled after Chapter 69 of the Canada-United States Free Trade Agreement.[6] The roster of NAFTA adjudicators includes many retired judges, such...

Other Papers Like Pestle Analysis

Pestle Analysis of Zara

1902 words - 8 pages face traditional retailers in the apparel industry. So, now our group will analysis the PESTLE of Zara Company. (Lopez & Fan, 2009) Overview Zara is one of the largest international fashion companies and belongs to Inditex, which is one of the largest fashion retailers worldwide. Inditex operates in textile design, distribution and manufacturing. (Inditex, 2011 b) Zara operates in 78 countries worldwide with 1557 stores in the world’s

Pestle Analysis of Italy

1529 words - 7 pages PETRODOLLARS AND ASIAN DOLLAR Introduction: A petrodollar is a United States dollar earned by a country through the sale of its petroleum to another country. The term was coined in 1973 by Georgetown University economics professor, Ibrahim Oweiss, who recognized the need for a term that could describe the dollar receiving by petroleum exporting countries (OPEC) in exchange for oil. The term, petrodollar, should not be confused with

Pestle Analysis In China

319 words - 2 pages Pestel Analysis China In: Business and Management Pestel Analysis China PESTEL -Political Recently China has made extraordinary efforts in modernizing legal and economical system aimed to stabilize the growth of the country; however China remains a strictly controlled country, where civil liberties, such as freedom of communication, religion practice and demonstration are severely limited. Major internal problems in China include

Pestle Analysis Korean Chocolate Industry

2717 words - 11 pages YuFong Fan (ID No. 0655330) & Jitin Kochhar (ID No. 0654351) ITM151: Global Trade Research Assignment #2 Research Outline 1 Oct. 14, 2012 Professor Floyd Simpkins St. Clair College COUNTRY A: JAPAN 1. Political Environment Political Stability: Political stability of the country indicates towards the positive or negative affect on the Trade of a particular product. Our product is Canadian chocolate which can

Pestle Analysis of Hilton Hotel

614 words - 3 pages Hilton Hotels PESTEL Analysis PESTEL abbreviation is interpreted as political, economic, social, technological, legal, and environmental factors impacting businesses, and PESTEL is an important framework for assessing external factor impacting business practices. POLITICAL FACTORS Political stability is the key to the success of any industries and it is applicable to hotel industry as well and it needs to cope with political situations

Pestle Summary China

657 words - 3 pages Well, I guess this is where I get controversial, at least a bit. There are others who have predicted that China was in for a tough ride over the past few years, but they mostly got ignored, or were proven wrong by events. And, to a certain extent, if you cry doom long enough you'll always get proved right, given the laws of entropy. So this is a bit 'faux' controversy... This is the introductory note taking exercise for a Pestle analysis of

Samsum Pestle

686 words - 3 pages Research report - Format Title Young smoker and peer pressure Hypothesis Young people start smoking because of peer pressure Background / Secondary research There are some information about young smokers and why do they start smoking of three websites, such as (2014), Helpwithsmoking (2014), (2014). This essay will compare and contrast those informations. With respect to all of three websites pointed out that

Pestle of Gp

1280 words - 6 pages Assignment-1 STA-501 Submitted To: Submitted By: Sanjida Sharmin Date of submission 6th July 2014 Ordered Data of the electronic shop: 13,13,13,16,17,17,18,20,21,22,22,26,26,28,29,30,30,30,31,32,34,35,42,44,46,47,49,49,49,53,54, 54,55,60,61,64,64,65,70,70,71,72,73,74,74,77,78,79,80,80 Here, in this data set number of observations, n = 50.Highest value is 80 and lowest value is 13. Class Interval | Class Mark

Csr and Its Importatnce in Your Business

852 words - 4 pages Report Israel Country Profile. May2014, p14-48. 35p. Abstract: The article presents an analysis of the political, economic, social, technological, legal and environmental (PESTLE) structure in Israel, explored on four parameters, such as current strengths, current challenges, future prospects and future risks. Topics covered include the nature of coalition politics in Israel which caused regular ideological conflicts, the risk of a mortgage

Pestel Analysis Royal Enfield

633 words - 3 pages . PESTLE analysis of the motor bikes industry in UK PESTLE analysis{Palmer Clive }of motorbike industry sector investigates the important factors that are affecting the industry and influencing the companies operating in that sector. It is also perfect tools for mangers and policy makers of motorbike industry,helping them to analyzing the factors which are affecting while driving their industry to different countries of the world. Throughout


534 words - 3 pages unsure, ask your tutor. Situational Analysis Market Analysis Summarise the current market and industry environment. This is an overall assessment of the market and should be considered from an overall perspective. Product Life Cycle Environmental Analysis Summarise the MACRO environment and whether it has a major or minor impact upon your brand. ALSO INCLUDE YOUR PESTLE CHART. Do not exceed 1 page including

Related Essays

Pestle Analysis

1506 words - 7 pages it will enter in China. Carrefour has answered to similar strategic questions while implementing in France and other part of the world like South America and Asia but could the company use the same strategy to enter China? CARREFOUR CHINA PESTLE ANALYSIS Each market environment is unique despite some similarity, and the PESTLE analysis will help to identify external factors to the organization that could have an impact on Carrefour

Xero Pestle Analysis

1821 words - 8 pages Vision/Mission Statement 4 4.2 Major Competitors 4 4.3 PESTLE Analysis 4 4.4.1 Political 5 4.4.2

Ryanair Pestle Analysis

626 words - 3 pages Ryanair PESTLE Analysis PESTLE is the acronym for political, environmental, social, technological, legal and environmental, and this tool, devoted to carry out analysis considering the external influences to an organisation’s activity, is of fundamental importance to properly develop a reliable strategy. The political aspect of this tool considers the possible political influence on the strategy pursued by the organisation. For Ryanair

Pestle Analysis Of Nokia

1047 words - 5 pages Introduction After conducting a Porter's 5 forces model on Nokia, I felt a PESTLE analysis would analyse the macro environment of Nokia. These are all the external forces that are out of Nokias' control but have a significant effect on how the company operates and the strategic decision they make. This model looks at the Political, Economical, Social, Technological, Legal and Environmental factors relating to Nokia and the industry they operate