The Globe and Mail reports in its Wednesday, Sept. 6, edition that Mexico's Economy Minister, Ildefonso Guajardo, says the renegotiation of
the North American free-trade
agreement will start to show
results when talks move to Ottawa
at the end of this month. The Globe's Adrian Morrow writes that Canada, the United States
and Mexico, however, remain at loggerheads
on a series of issues -- from
dispute settlement to labour --
and U.S. negotiators have yet to table details on some of the
Trump administration's toughest
proposals.
At a joint event
on Tuesday at the end of the second
round of talks, Mr. Guajardo said
the three governments are working
to find the areas of greatest
agreement in hopes of putting
them to rest in the next round.
The three countries broadly
agree on energy, which involves
bringing Mexico's rapidly opened
oil and gas market into the deal,
modernizing NAFTA to
cover the digital economy, and
cutting red tape for exporters
and importers.
The third round is slated
for Sept. 23 to Sept. 27. President Donald Trump wants talks done by the end
of the year to fulfill a key campaign
pledge. Mr. Morrow notes that most trade agreements
take three to five years to
negotiate.
© 2024 Canjex Publishing Ltd. All rights reserved.