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The North American Free Trade Agreement: implications for the parties and world oil markets.

From: The Energy Journal  |  Date: 7/1/1993  |  Author: Verleger, Philip K., Jr.

The NAFTA has failed to include Mexico's petroleum industry into its provisions. Consequently, private investors from the US and Canada will not have any incentive in developing Mexico's petroleum reserves. For Mexico, an opportunity to revive its economic growth derived from the sale of oil is lost. However, this development will be insignificant on the world oil market.

The proposed North American Free Trade Agreement (NAFTA) has been criticized because it failed to open Mexico's ...

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COPYRIGHT 1993 International Association for Energy Economics
This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group.
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