Mexican President Felipe Calderon agreed on President-elect Barack Obama's idea of upgrading the labor and environmental issues of the "North American Free Trade Agreement"(NAFTA) on a meeting last Monday. Obama is ready to threaten the 15 year old treaty if he could not win the said concessions from Mexico and Canada. Pro free-trade Jeffrey Schott of Institute of International Economics agreed to Obama's intention of rebuffing NAFTA to be upgraded to meet the new challenges up ahead.
[404 Check: was link to http:/ / www. chron. com/ disp/ story. mpl/ business/ 6209965. html, anchor: News: Mexico's leader says he'd consider NAFTA changes | Business | Chron.com - Houston Chronicle]
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