NAFTA to open most Mexican markets

Article Abstract:

The North American Free Trade Agreement (NAFTA) will alter commerce radically in Mexico. It should enhance the positions of Mexican banks and make the market attractive to investors. In 1985 Mexican authorities began to allow increasing foreign ownership of Mexican businesses, a practice previously carefully controlled. NAFTA was designed to obtain for its investors most-favored-nation status. Special incentives are offered to lure US and Canadian insurance and financial companies into the Mexican market.

Economic development

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Brazil's policy initiatives spur privatization plan

Article Abstract:

Brazil's administration under President Fernando Henrique Cardoso is speeding up that country's privatization of industry, offering investment opportunities for foreign investors. Brazilian agencies select and value industries for privatization and bidders who have indicated a form of payment are allowed to bid. Joint ventures are the most attractive option for American investors, and some Brazilian industries are willing to allow US management of a company in exchange for technological improvements.

Management, Foreign investments, Brazil, Joint ventures, Privatization, Privatization (Business)

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Anti-Cuba sanctions may violate NAFTA, GATT: provisions of the Helms-Burton bill penalizing dealers in seized property would impede trade

Article Abstract:

The Cuban Liberty and Democratic Solidarity Act now in Congress, called also the Helms-Burton bill, is politically difficult to resist but would violate various international norms and US treaties. Portions of the North American Free Trade Agreement and, to some extent, the General Agreement on Tariffs and Trade, conflict with Titles III and IV of Helms-Burton. In particular, NAFTA Articles 1105 and 1603, and possibly 309, as well as GATT Article XI permit various challenges.

United States, Laws, regulations and rules, Cuba, Economic sanctions, Sanctions (International law), international

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