The North American Free Trade Agreement (NAFTA) is an agreement between Canada, the United States, and Mexico that established a free trade zone in North America. It was signed by the leaders of these three countries on December 17, 1992, and went into effect on January 1, 1994. However, the question remains: who actually created NAFTA?
The idea of creating a free trade agreement between the United States and Canada was first proposed by Canadian Prime Minister Pierre Trudeau in 1974. His proposal was met with resistance from the United States, but negotiations continued over the next two decades.
It wasn`t until the late 1980s that the idea of a trilateral agreement, including Mexico, was proposed. Mexico had been pursuing a free trade agreement with the United States since the early 1980s, but it wasn`t until President Carlos Salinas de Gortari came to power in 1988 that negotiations gained momentum.
The three countries officially began negotiating the agreement in 1991, with the United States represented by President George H.W. Bush, Canada represented by Prime Minister Brian Mulroney, and Mexico represented by President Salinas.
The negotiations were intense and often contentious, with each country fighting for its own interests. The negotiations were further complicated by the fact that NAFTA was the first free trade agreement to include a developing country, Mexico.
The agreement was finally signed in 1992 by all three countries, and it went into effect on January 1, 1994. NAFTA has been the subject of much debate and criticism over the years, with some arguing that it has led to job losses and environmental degradation, while others claim that it has increased trade and investment in the region.
In conclusion, the North American Free Trade Agreement was created by the leaders of the United States, Canada, and Mexico, with negotiations beginning in 1991 and the agreement being signed in 1992. While the agreement has been controversial, it remains an important part of the North American economy and will likely continue to shape trade and investment in the region for years to come.