Mexico to seek deal with Canada
Canada began negotiating with the US to close a deal on the 24-year-old trade pact
Canada began negotiating with the US to close a deal on the 24-year-old trade pact. PHOTO: REUTERS
MEXICO CITY:
Mexico’s incoming government will pursue a bilateral deal with Canada if talks to overhaul the North American Free Trade Agreement (Nafta) falter, said Mexican president-elect Andres Manuel Lopez Obrador. After more than a year of talks to modernise the Nafta trade pact between the United States, Mexico and Canada, the US and Mexico reached a side deal in late August. Days later, Canada began negotiating with the US to close a deal on the 24-year-old trade pact. But the talks have hit an impasse over US threats to impose tariffs on Canadian auto exports. “We would like the government of the United States and the government of Canada to come to an agreement so the treaty can be trilateral, as it was originally signed,” said Lopez Obrador, a veteran leftist who takes office in December.
Published in The Express Tribune, September 23rd, 2018.
Mexico’s incoming government will pursue a bilateral deal with Canada if talks to overhaul the North American Free Trade Agreement (Nafta) falter, said Mexican president-elect Andres Manuel Lopez Obrador. After more than a year of talks to modernise the Nafta trade pact between the United States, Mexico and Canada, the US and Mexico reached a side deal in late August. Days later, Canada began negotiating with the US to close a deal on the 24-year-old trade pact. But the talks have hit an impasse over US threats to impose tariffs on Canadian auto exports. “We would like the government of the United States and the government of Canada to come to an agreement so the treaty can be trilateral, as it was originally signed,” said Lopez Obrador, a veteran leftist who takes office in December.
Published in The Express Tribune, September 23rd, 2018.