Mexico's Secretary of Foreign Affairs keen to start NAFTA talks in U.S.

By Elliot Bullman

Mexico is looking forward to starting talks on the North American Free Trade Agreement now that U.S. President Donald Trump's pick for trade representative has been approved, Mexico's chancellor said on Friday.

videgarayOriginal image: “Mexican Finance Secretary Visits the OAS”, by OEA - OAS, licensed under CC BY-NC-ND 2.0, via Flickr.

Videgaray said Mexico's finance, economy and interior ministers will make the trip to the U.S. capital, just days after the U.S. Senate confirmed Robert Lighthizer as U.S. Trade Representative, bringing the negotiations a step closer.

Months of uncertainty about the fate of NAFTA, which has underpinned regional trade since 1994, has affected growth forecasts in Mexico, shaken the peso and curbed investments.

belgium antwerp shipping container 163726.jpeg

Mexico's Economy Minister Ildefonso Guajardo said he thought talks would probably start toward the end of August. Guajardo said all three countries must recognize NAFTA's positive contributions before starting.

In a sign of the friction in the U.S.-Mexico's relationship since U.S. President Donald Trump took office, the minister added that Mexico wanted to deepen and grow its ties to China and that a series of meetings with Chinese officials have been planned to that end through this year.

retracta trump tlc

RELATED NEWS

  • Trump backs down and signs executive order to Trump backs down and signs executive order to 'keep families together'
  • Despite uncertainty about the election, Mexico continues to attract investmentsDespite uncertainty about the election, Mexico continues to attract investments
  • On Saturday, repaving works start in Cancun’s hotel zoneOn Saturday, repaving works start in Cancun’s hotel zone
  • Mexican entrepreneurship project receives award in FranceMexican entrepreneurship project receives award in France
  • MexicoMexico's foreign minister and business leaders express outrage over ‘inhumane’ US immigration policy
  • The Dow Jones industrial average turned negative as global trade war fears mountThe Dow Jones industrial average turned negative as global trade war fears mount
  • Canada legalizes recreational cannabis useCanada legalizes recreational cannabis use
  • EU to retaliate against US with counter-tariffs on FridayEU to retaliate against US with counter-tariffs on Friday
  • Mexican national team football shirt is best  seller in the United StatesMexican national team football shirt is best seller in the United States
  • Scorpion catching is a dangerous trade that allows Durango’s locals to survive.Scorpion catching is a dangerous trade that allows Durango’s locals to survive.
  • Rafael Márquez , is only the third player in history to achieve the feat of playing in 5 world cupsRafael Márquez , is only the third player in history to achieve the feat of playing in 5 world cups
  • It’s not just in football that Mexico is superior to GermanyIt’s not just in football that Mexico is superior to Germany
WATCH LIVE TV



Most Read Articles
Most Watched Videos
  • Generations Riviera Maya
  • Mayair

Language

Mexico News Network
All rights Reserved 2018