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TRUCKING INDUSTRY * Mexico: Action from CANACAR
* Mexico - Arbitration Action filed against U.S. over mexican trucking
Mexico,DF,USA -Truckinginfo -February 16, 2014: -- Mexico’s biggest trucking association has filed a $30 billion dollar arbitration claim against the United States for refusing to fully open the country to trucks from south of the border, as called for in the North American Free Trade Agreement... Canacar director Jose Refugio Muñoz Lopez, told one Mexico-based newspaper that the current program allowing Mexican trucks into the U.S. “in no way has it served as a mechanism for U.S. compliance with its requirements under NAFTA,” which went into effect 20 years ago... Muñoz Lopez also claimed because the U.S. has failed to fully open its border to Mexican trucks, this has resulted in Mexican trucking companies being forced to make investments in the U.S. and create cargo-transfer zones along the border... Some 30,000 Mexican truckers have reportedly signed on to the arbitration action. An unnamed U.S. law firm is representing Canacar...
posted by Unknown @ 12:27 PM
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