This paper proposes to amend U.S. Customs and Border Management (CBP) regulations by modernizing rules for customs brokers to coincide with the development of CBP`s business initiatives, including the Automated Business Environment (ACE) and the Centers of Excellence and Expertise (Centers). In particular, CBP proposes that all… NAFTA covers services other than air, marine and basic telecommunications. The agreement also provides protection for intellectual property rights in a wide range of areas, including patents, trademarks and copyrighted material. NAFTA`s procurement provisions apply not only to goods, but also to contracts for services and work at the federal level. In addition, U.S. investors are assured of equal treatment for domestic investors in Mexico and Canada. The North American Free Trade Agreement (NAFTA) is an international agreement signed by the governments of Canada, Mexico and the United States that creates a trilateral trade bloc in North America.

The agreement came into force on January 1, 1994. NAFTA aims to eliminate all tariff and non-tariff barriers to trade and investment between the United States, Canada and Mexico. Mexico is the third largest trading partner of the United States and the second largest export market for U.S. products. In 2018, Mexico was our third largest trading partner (after Canada and China) and the second largest export market. Total trade in goods and services totaled $678 billion and this trade directly and indirectly supports millions of jobs in the United States. In 2018, the United States sold $265 billion in U.S. products to Mexico and $34 billion in services for a total of $299 billion in U.S. sales to Mexico. Mexico is the top or second largest export destination for 27 U.S.

states. If they do not have a full NAFTA certificate updated before the expiry date, the benefits of free trade will be lost and may require the payment of customs duties, taxes and royalties to CBP. Due to the high volume of NAFTA certificates processed each year, we advise you to start this process now so you have time to process your certificate.