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30 Years Since The Signing Of The NAFTA Agreement Marked In Belgrade

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Celebrating 30 years since the signing of the NAFTA agreement is proof of the common belief that trade agreements represent a cohesive factor in connecting peoples, countries and continents.

Marking of the 30 years of the NAFTA agreement was held at the Residence of the Ambassador of Canada to Serbia H.E. Giles Norman, where he was host together with the U.S. Ambassador H.E. Christopher Hill and Ambassador of Mexico H.E. Carlos Felix.

“Trade ties between Canada, Mexico and the US are strong. Since 1993, trilateral trade in goods between Canada, Mexico and the US has more than tripled, allowing our companies to create new jobs, innovate and grow together. Economies need to develop and grow.”

“Trade agreements between the three countries also continue to evolve, and now include better environmental and labour standards, as well as better regulation of digital trade and small businesses. In this way, NAFTA evolved into the new USMCA agreement in 2020.”

“Through the exchange of goods and investments, the social ties between the three countries have developed significantly. Cultural and artistic exchanges in various forms, including gastronomy and tradition, academic exchanges, sports and student mobility, are continuously growing between our three countries, adding a social and human component to trade and investment exchanges. One clear example of this social dimension of the NAFTA agreement is the hosting of the next FIFA World Cup in Canada, Mexico and the United States of America in 2026.”

“It is hoped that this rich experience can become an example for other regional free trade agreements around the world, including the Western Balkans,” said the three Ambassadors during their joint speech at the event held at Serbia’s capital.

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