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International Trade committee  That's correct.

February 5th, 2020Committee meeting

Steve Verheul

February 5th, 2020Committee meeting

Steve Verheul

International Trade committee  I can. When we look at investor-state dispute settlements, they are of most value with countries where we have limited faith in their court systems and with their ability to enforce agreements. So we have investor-state dispute settlements with many Latin American countries, some African countries and various Asian countries—we have a lot around the world.

February 5th, 2020Committee meeting

Steve Verheul

International Trade committee  We also have investment obligations that we have agreed to that can be pursued state-to-state.

February 5th, 2020Committee meeting

Steve Verheul

International Trade committee  That has been a particular focus that we've been engaged in as well on the gender side. We do have a chapter related to gender. We've included gender provisions in the chapter on small and medium-sized businesses. We've included gender in other areas as well, including the investment chapter and the labour chapter, and we've kind of inserted that throughout various provisions within the agreement to encourage women to be able to participate and effectively contribute to more economic access to the U.S. market—and the Mexican market, for that matter.

February 5th, 2020Committee meeting

Steve Verheul

International Trade committee  Well, I think that certainly when we look at the good regulatory practices chapter, and when we look at the various annexes to the technical barriers to trade chapter and all of the efforts we have made on the regulatory issues, all of this is about co-operation. They are not obligations.

February 5th, 2020Committee meeting

Steve Verheul

International Trade committee  First of all, I may ask Aaron to elaborate on some elements of that latter part, but when the U.S. Democrats in the House of Representatives started to engage with the U.S. trade representative, we were very much part of those conversations and had a window into them. We were talking to the Office of the U.S.

February 5th, 2020Committee meeting

Steve Verheul

International Trade committee  I think this has been one of the major objectives that we had throughout the negotiations, to try to improve this agreement, modernize it in ways that would make it more relevant and more accessible to small and medium-sized businesses. I'll give you one example. We have all of these tariff preferences, duty-free trade into the U.S. as it stands now under NAFTA.

February 5th, 2020Committee meeting

Steve Verheul

International Trade committee  If I can just start.

February 5th, 2020Committee meeting

Steve Verheul

International Trade committee  There was quite a bit there, yes. First of all, the Deputy Prime Minister has had no influence on this analysis. If I somehow gave that impression, I'd like to dispel it because she has had no input or guidance or views on our economic analysis. That is being conducted by the chief economist at Global Affairs without any kind of interference.

February 5th, 2020Committee meeting

Steve Verheul

February 5th, 2020Committee meeting

Steve Verheul

International Trade committee  That's right, and that's something that I have done.

February 5th, 2020Committee meeting

Steve Verheul

International Trade committee  If we wanted to do the same kind of economic analysis the U.S. did some time ago, we could do that very quickly. I don't think that's the kind of analysis that we really want to submit to parliamentarians, to be able to judge an agreement on that basis, because we think there are fundamental flaws in that analysis.

February 5th, 2020Committee meeting

Steve Verheul

International Trade committee  We do have certain obligations under that provision. If any of the three parties intends to enter into negotiations with a non-market economy, they are to notify the other two parties of that intention. They're also obliged to provide details of the outcome of that negotiation, if they manage to complete it, and essentially keep the other two parties informed of the progress of the negotiation.

February 5th, 2020Committee meeting

Steve Verheul

International Trade committee  Well, I'm sure you are aware that the U.S. has not ratified the Paris Agreement. Offhand.... Mexico has ratified the Paris Agreement.

February 5th, 2020Committee meeting

Steve Verheul