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Mexico aims to be able to ink NAFTA deal by end-November

Mexico aims to be able to ink NAFTA deal by end-November© Reuters. FILE PHOTO: Lighthizer, United States Trade Representative speaks to the press as Freeland, Canada’s Minister of Foreign Affairs, and Guajardo, Mexico’s Secretary of Economy, look on in Montreal

MEXICO CITY (Reuters) – Mexican Economy Minister Ildefonso Guajardo said on Wednesday that the goal of Canada, the United States and Mexico is to be in a position to sign a new North American Free Trade Agreement (NAFTA) by the end of November.

The three nations have been negotiating to revamp the 24-year-old trade pact since August, but talks have stalled over U.S. demands on autos and other issues, and while negotiators waited out Mexico’s recent presidential election.

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Source: Investing.com

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