Mexico’s Guajardo sees 60 percent chance of ending NAFTA talks this year

08/08/2017 Reuters

Idelfonso-GuajardoMEXICO CITY (Reuters) – Mexico’s economy minister sees a 60 percent probability that talks starting next week to renegotiate the North American Free Trade Agreement will be wrapped up by a soft deadline for the end of the year, he said in an interview on Tuesday.

Ildefonso Guajardo, who will take part in the first round of NAFTA talks in Washington starting on Aug. 16, said it was important to meet the ambitious timeline to sign a new deal before Mexico’s next president takes office at the end of 2018.

Renegotiation, or the ditching, of NAFTA was a key campaign promise of U.S. President Donald Trump, who frequently called the 23-year-old trade pact a “disaster” that has drained U.S. factories and well-paid manufacturing jobs to Mexico.

Read more…

 

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s