Mexico minister calls for ‘flexibility’ in reworking NAFTA

TOKYO (Reuters) – Mexican Economy Minister Ildefonso Guajardo said on Monday the only way countries re-negotiating the North American Free Trade Agreement (NAFTA) will find a solution is through “sufficient flexibility” to narrow differences.

“An agreement that does not give us certainty, does not give us rules that have to be obeyed” and mechanisms to solve disputes will not help Mexican businesses, Guajardo told a seminar in Tokyo.

The United States, Canada and Mexico have been in months of negotiations to rework NAFTA, which President Donald Trump says harms his country.

White House economic adviser Larry Kudlow has said Trump may seek separate talks with Canada and Mexico in a bid to get individual trade deals with the two countries.

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