‘New NAFTA’ Offers Money for Border Sewage Fixes (1)

摘要

Passing the new North American free trade agreement would mean millions of dollars to help upgrade sewage infrastructure on the border, say the agreement’s backers. But an environmental group and a local organization on the U.S.-Mexico border say it’s not enough. The implementing text joining the U.S.-Mexico-Canada trade agreement-an updated version of the North American Free Trade Agreement-would authorize a paid-in capital increase of $225 million for the North American Development Bank, the binational entity that helps fund water and energy infrastructure along the U.S.-Mexico border, bringing the total callable capital, or capital not yet paid in by shareholders, to $1.75 billion.