International Trade - North American Free Trade Agreement (NAFTA)
. United Mexican States v. Burr
In United Mexican States v. Burr (Ont CA, 2021) the Court of Appeal considered a rare NAFTA (North American Free Trade Agreement) case [the case is brief, but interesting reading]:
[2] The North American Free Trade Agreement gives investors the right to seek damages for the failure of a party (Canada, Mexico, or the United States of America) to honour a treaty commitment. The moving parties are thirty-nine USA nationals who brought claims individually and on behalf of seven Mexican companies totalling some USD$100 million to compensate for losses allegedly caused by Mexico’s closure of the casinos they had been operating in that country.
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