H.R. 4329 would assess the impact of the North American Free Trade Agreement (NAFTA), it would require further negotiation of certain provisions of the NAFTA, and it would provide for the withdrawal from the NAFTA unless certain conditions are met.
Detailed Summary
NAFTA Accountability Act - Provides that unless the specified conditions set forth in this Act are met: (1) Congress withdraws its approval of the North American Free Trade Agreement (NAFTA) effective October 1, 2009; and (2) the President, not later than April 1, 2009, shall provide written notice of withdrawal to the governments of Canada and Mexico.
Expresses the sense of Congress that the President should not engage in negotiations to expand NAFTA to include other countries and that trade promotion authority should not be renewed with respect to the approval of any such NAFTA expansion.
Status of the Legislation
Latest Major Action: 12/6/2007: Referred to House committee. Status: Referred to the House Committee on Ways and Means.
Points in Favor
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Points Against
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