The Acronym NAALC stands for North American Agreement on Labour Cooperation and is part of NAFTA (North American Free Trade Agreement).
The NAALC is providing guidance for labor principles instead of minimum standards regarding domestic laws and so the agreement is not requiring the U.S. Mexico, or Canada to amend existing legislation or enact new legislation to comply with all NAALC principles.
NAALC is an agreement to connect and enhance the spheres of gender and trade and gender and aims to create a gender-conscious and equal World Trade Organization. The following CNN video explains what NAFTA is and how it works.
The NAALC Agreement came into effect in January 1994 as a side-letter agreement of the NAFTA (North American Free Trade Agreement) by the governments of Mexico, Canada, and the U.S.
Its key objective was and is the improvement of living standards and working conditions in the three countries while NAFTA is continuing to promote and enhance closer and better economic ties and trade among the countries.