Tag: NAFTA

JONES ACT, A MISSED OPPORTUNITY FOR  NAFTA

Loi Jones

United States (US) represents one fifth of the world economy (GDP of 17 400 billion $). It is considered the world’s largest economy. It also counts for 19 924 kilometers of marine coastline, 6 000 kilometers of river length and  250 000 km2 area of its Great Lakes. [1]  With all these assets, why doesn’t it hold  shipping capacity in the world  ?  The  US has become international success in many fields such as automotive, information technology, aeronautics , chemistry, and culture sectors.  But, why not in maritime sector ?

Those following figures illustrate the paradox.  In 2015, among the … Lire la suite

The real impact of CETA: Global Economic and Commercial Agreement  

CETA

CETA WILL GIVE ACCESS TO 500 MILLION CONSUMERS

The Government of Canada claims that the Canada-EU Comprehensive Economic and Trade Agreement (CETA) will give Canadian companies preferential access to 500 million European consumers, a market evaluated at $ 18 trillion[1] [2]. Accordingly, bilateral trade would increase by 20 percent and would increase Canada’s GDP by $ 12 billion a year. This would create nearly 80,000 new jobs and increase the average Canadian household’s annual income by $ 1,000. [3]

Are these predictions realistic ? What are the business opportunities for transport and maritime companies? In order to answer … Lire la suite