Mexico Hopes To Conclude NAFTA Talks With US Next Week: Minister
Sumaira FH Published August 18, 2018 | 01:33 AM
Washington, (APP - UrduPoint / Pakistan Point News - 17th Aug, 2018 ) :US and Mexican negotiators are making progress and could resolve remaining issues to revamp the North American Free Trade Agreement by next week, Mexico's Economy Minister Ildefonso Guajardo said Friday.
Once the two nations iron out the pending differences, Canada could then rejoin the discussions, he told reporters following a meeting with US trade officials.
"Hopefully we will be able to close up no later than the middle of the week the remaining issues and probably there will be space to start the trilateral," he said.
Guajardo has been leading a delegation to Washington for four straight weeks to try to conclude a deal to rewrite NAFTA in time to be signed before a new government takes office in Mexico in December.
He said the team would return Tuesday to continue the discussions.
But there remain "a couple of things that have to be settled," including the US demand for a "sunset clause" that would end the trade pact after five years unless it was reauthorized.
"There is no breakthrough until everything is finished." US Trade Representative Robert Lighthizer said Thursday he hoped to get a breakthrough with Mexico in the coming days.
But President Donald Trump on Thursday said he was in "no rush" to conclude a deal and reiterated that "NAFTA has been a disaster for our country."The US, Mexico and Canada began talks to modernize the 24-year-old trade pact a year ago at Trump's insistence but the talks were hung up over US demands.
Related Topics
Recent Stories
Food minster for ensuring transparent distribution of Bardana
Russia says has evidence Moscow attackers were linked to Kyiv
PM chairs review meeting on stoppage of electricity theft
IPM survey proves biocontrol technology profitable for cotton farmers
Pandemic accord talks heading for extra time
Senate elections in KP hang on reserve seat oath-taking, states ECP
UK's biggest water supplier plunges into deeper financial crisis
DG SEPA for installation of waste water treatment facilities
Man gets life imprisonment for killing wife
French parliament condemns 1961 Paris massacre of Algerians
First Inter Schools Naat Competition held in Larkana
S.Africa electoral body bars ex-president Zuma from May election
More Stories From World
-
Russia says has evidence Moscow attackers were linked to Kyiv
49 minutes ago -
Pandemic accord talks heading for extra time
52 minutes ago -
UK's biggest water supplier plunges into deeper financial crisis
48 minutes ago -
French parliament condemns 1961 Paris massacre of Algerians
48 minutes ago -
S.Africa electoral body bars ex-president Zuma from May election
48 minutes ago -
'Operation Beethoven': Dutch 2.5bn-euro charm offensive to keep ASML
2 hours ago
-
Bulgaria thrown into fresh political turmoil as snap elections loom
2 hours ago -
China-India hold meeting to discuss border affairs in Beijing
3 hours ago -
French bill seeks to ban hair discrimination affecting black women
3 hours ago -
China willing to work with Pakistan to enhance capability of tackling security challenges: Col Wu Qi ..
2 hours ago -
Pakistan to bring perpetrator of Dasu terrorist attack to justice soon: Lin Jian
4 hours ago -
Financial crisis at UK's biggest water supplier worsens
4 hours ago