Vireeinato

Páginas: 2 (410 palabras) Publicado: 27 de octubre de 2012
World Trade Organization (WTO) Extension of NAFTABolivarian Republic of VenezuelaThe Bolivarian Republic of Venezuela recognized the chair and salutes de delegates, North American Free Trade Agreement and the World Trade Organization are the most powerful in tradematters. NAFTA is a treaty that has been signed among the US, Canada and Mexico, since 1994, NAFTA deals with resolving trade disputes and also negotiating between industries and governments, its main goalis to eliminate barriers between the three countries in trade and investment. NAFTA is governed by the Secretariats, located at the three countries.
This treatment has developed and developingcountries, also is the first free trade agreement as broad coverage that includes not only trade in goods but also services, and issues. NAFTA bring Mexico to a extremely harmful effects on the economy,leaving ruined thousands of small farmers, strangled Mexican corn production to replace the GM corn product U.S. heavily subsidized. Instead of opening jobs, NAFTA has plunged Mexico into an economicdependency and military now, with the U.S. anything that has benefited their peoples.
If NAFTA treatment extend there will be a inequality in development. United States, the country with more militaryand economic power, vastly developed, attempts to impose trade agreements with developing countries without military power, to steal the material resources and cheap labor, also imposes conditions thatstifle the possibility of genuine economic development, leading to misery, also USA has been with some issues with some Latin countries during the past years. Venezuela is willing to accept a treaty...
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