Mexico urged to seek ambitious Nafta upgrade

7/3/2017 Financial Times
582e089ee02ba72b318b4b5d-2000Mexico’s government is being urged to push for an ambitious upgrade of the North American Free Trade Agreement ahead of a meeting between Presidents Donald Trump and Enrique Peña Nieto at this week’s G20 summit in Hamburg.

Any Nafta 2.0 should position Mexico as the export platform for a North American bloc in which not only manufacturing but also energy, transport and infrastructure are integrated to boost competitiveness with Asia and Europe, said Luis de la Calle, one of the negotiators of the landmark 1994 accord between the US, Mexico and Canada.

“What objectives should we have? A more competitive North America,” he said. “We can’t confine ourselves to a marginal renegotiation.”

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