ABSTRACT
As explained in Chapter 3 of this book, general disputes arising from the implementation or interpretation of the NAFTA agreement are settled according to procedures spelled out in Chapter 20 ofNAFTA. The process involves consultations first, then consideration of the issue by the Free Trade Commission, and, as a last resort, panel arbitration. Basically the same procedure is specified in Chapter 14 ofNAFTA for settling disputes dealing with financial issues. The only difference is that in the case of a dispute over financial issues the roster of arbitrators from which the arbitration panel is chosen consists of persons having expertise specifically on financial issues.
