NAFTA deal might be ready by end-May, could go past July 1 election: Mexico

MEXICO CITY (Reuters) – Mexico’s Economy Minister Ildefonso Guajardo said on Thursday that an agreement on a new NAFTA deal could be reached by the end of May, but added that if no agreement is reached the talks could extend beyond the July 1 Mexican presidential election.

“If the conditions are defined by next week, nothing stands in the way of closing a deal by the end of May,” said Guajardo, adding that there is no date set for the next North American Free Trade Agreement ministerial meeting with the United States and Canada.

He said his technical negotiating team was in Washington.

Earlier on Thursday, Mexico’s Foreign Minister Luis Videgaray said “the process continues, the technical teams are working.”

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