The sixth round of NAFTA negotiations is taking place in Montreal, Canada this week with a concluding Ministerial scheduled for Monday, January 29. USCIB Director for Investment, Trade and Financial Services Eva Hampl will be traveling to Montreal tomorrow for meetings with negotiators and key officials. This round presents a great opportunity to push forward on many chapters vital to U.S. business, and make progress in the discussions surrounding the more controversial provisions that have been tabled.
As a lead up to the talks in Montreal, Hampl participated in the Senate Lobby Day on the Hill last week, speaking with a range of Republican and Democratic offices. Throughout the day, about 150 members of the NAFTA Coalition met with as many Senate offices as possible, raising business issues of concern.
“We emphasized the outstanding issues regarding the problematic proposals of a sunset clause, investor-state dispute settlement, auto rules of origin, and government procurement,” said Hampl. “We also made the point that there are many chapters that are making progress, including customs and digital trade, which are vital for business and should get closed out as soon as possible.”