By Pilar Arias
It’s been 23 years since the North American Free Trade Agreement, or NAFTA, went into effect. Now lawmakers are looking at an updated version rather than scrapping it all together.
Sitting front and center during talks of cross-border trade past and future were Sen. John Cornyn and Congressman Will Hurd Wednesday. The panel, which included Texas Secretary of State Rolando Pablos and Tryon Lewis from the Texas Transportation Commission, was hosted by the Border Trade Advisory Committee.
Participants told the media afterwards that they believe talks for “NAFTA 2.0” will happen on both sides of the border.
“Now that the U.S. trade representative is in place, the secretary of commerce is in place, I think we’re good to go and it’s happening very quickly,” Cornyn said.
Hurd talked about two ways NAFTA could immediately be improved.
“Energy and the regulatory environment around energy. The need in Mexico is high and we have the opportunity to provide that. On the second area is in the trade of digital goods and services,” Hurd said.