Grass lands producing grass for cattle are in demand for feed lots and dairy cows They feed for winter as well. for meat producers.
File Photo KDG

Opinion:

The North American Free Trade agreement was touted as not a perfect fix but what was desirable was the fact that it included a dispute resolution mechanism or board.

There are lots of ways to solve an impasse :

Chapter 11 establishes a mechanism for the settlement of investment disputes that assures both equal treatment among investors of the Parties to the Agreement in accordance with the principle of international reciprocity and due process before an impartial tribunal. A NAFTA investor who alleges that a host government has breached its investment obligations under Chapter 11 may, at its option, have recourse to one of the following arbitral mechanisms:

  • the World Bank’s International Centre for the Settlement of Investment Disputes (ICSID);
  • ICSID’s Additional Facility Rules; and
  • the rules of the United Nations Commission for International Trade Law (UNCITRAL Rules).

Trade infractions or disputes also have an option:

Article 1904 establishes a mechanism to provide an alternative to judicial review by domestic courts of final determinations in antidumping and countervailing duty cases, with review by independent binational panels. A Panel is established when a Request for Panel Review is filed with the NAFTA Secretariat by an industry asking for a review of an investigating authority’s decision involving imports from a NAFTA country.

It seems there is nothing cowboy about the structure and article 19s binational provision seems like it would be attractive at this time.

There are 118 decisions listed with the NAFTA secretariat some taking more time that others and more reports. things range from red raspberries to hot rolled carbon steel plate.

Is it still attractive is a milk dispute out of reach for a filing?

Friends don’t take friends to….

Corn grown in the Nicola Valley
File Photo KDG

Need to be more friendly?

On this Day: April 20th 1918

The Red Baron shoots down his 8oth and last kill before his death on the 21st.

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