NAFTA DUE TO END MOST BARRIERS TO TRADE AMONG U.S., MEXICO, CANADA

Energy companies in the U.S. will benefit-but not as much as they had hoped-from the recently drafted North American Free Trade Agreement (Nafta) among the U.S., Mexico, and Canada. Nafta would remove most of the trade barriers between Mexico and the other two countries and supplement the U.S.-Canada Free Trade Agreement to create an open market in North America totaling $6 trillion/year in products and serving more than 360 million persons.

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